When the Mosquito Magnet Was Introduced,it Was Designed to Rid

question 30

Multiple Choice

When the Mosquito Magnet was introduced,it was designed to rid the immediate area of mosquitoes and other annoying insects.The technology for the Mosquito Magnet had taken years to develop.It is a patented grill-like apparatus that emits carbon dioxide to attract bugs to a fan that draws them into the device where they die.What type of pricing policy would you recommend the company use to introduce this product to the market?

• A) status quo pricing
• B) penetration pricing
• C) price-skimming
• D) flexible pricing
• E) leader pricing

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Definitions:

Living Organisms

Entities that display the characteristics of life, including the ability to grow, reproduce, respond to stimuli, and often, to move.

Homeostasis

A state of internal balance within living organisms, despite changes in external environment.

Energy

The capacity to do work or produce changes within a system, present in various forms such as kinetic, potential, thermal, etc.

Chemicals

Substances produced by or used in a chemical process, often referring to synthetic compounds.