Examlex
What was the basis of Justice John Marshall's assertion that the federal courts have the power of judicial review?
Skimming Pricing
A pricing strategy involving setting high prices initially to target consumers who are willing to pay more for new or unique products.
Innovative Product
A new or significantly improved product that meets unique customer needs or opens up new markets.
High Initial Price
A pricing strategy where a new product is introduced to the market with a relatively high price point in order to maximize revenues from early adopters.
Skimming Pricing Strategy
A pricing strategy that involves setting high prices initially to target early adopters and then lowering the price over time.
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