Examlex
Give the product of the following reaction.
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.
Portable Digital HD Camera
A lightweight, compact device capable of capturing high-definition videos and images, designed for ease of transportation and use on the go.
Production Costs
The total expense of manufacturing a product, including raw materials, labor, and overhead costs.
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