Trying to Get the "Cream" of a Market (I

question 98

Multiple Choice

Trying to get the "cream" of a market (i.e., the top of a demand curve) at a high price before aiming at the more price-sensitive customers is consistent with a(an) :

• A) flexible-price policy.
• B) sales-oriented pricing policy.
• C) skimming pricing policy.
• D) introductory price dealing policy.
• E) penetration pricing policy.

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Definitions:

Mutually Beneficial Interactions

Exchanges or associations that provide positive outcomes for all parties involved.

Business Strategies

Plans of action or policies designed to achieve significant goals or objectives within the competitive business environment.

Social Value

The importance or benefit that something provides to society or a community at large.

Geothermal Energy

A form of renewable energy derived from the natural heat of the Earth's interior, used for heating and power generation.