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Skim Pricing Is Setting a Price That Is Higher Than

question 58

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Skim pricing is setting a price that is higher than the competition to buyers that are less price sensitive.


Definitions:

Cheek

The fleshy part of either side of the face below the eyes and between the nose and ear.

Newborn

A newborn refers to an infant in the first few hours to weeks of life, typically up to 28 days old.

Fetal Alcohol Syndrome

A condition in a child that results from alcohol exposure during the mother's pregnancy, causing brain damage and growth problems.

Offspring

The children or young born to a person, animal, or plant.

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