Since It Involves the Use of a High Price Relative

question 79

Multiple Choice

Since it involves the use of a high price relative to prices of competing products or services, the skimming pricing strategy is sometimes referred to as _____ pricing.

• A) penetration
• B) competitive
• C) market-plus
• D) functional

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Definitions:

Expiration Date

The date on which an option, futures contract, or similar financial instrument becomes void and the right to exercise it ceases.