Examlex
What is the purpose of the line item veto power of state governors?
E-book Sold
A digital version of a book that has been sold, either as a download or access through a specific platform.
Skimming Pricing Policy
A pricing strategy in which a company sets relatively high prices at the launch of a new product to maximize profit margins from customers willing to pay the premium price.
Price-sensitive
Refers to how demand for a product is influenced by changes in its price; price-sensitive consumers are likely to change their purchasing behaviors significantly in response to price changes.
High Initial Price
A pricing strategy where a product is introduced to the market at a high price point to maximize revenue from less price-sensitive customers before possibly lowering the price.
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