A New Product ________ Pricing Strategy Is Often Used in Markets

question 138

Multiple Choice

A new product ________ pricing strategy is often used in markets with little competition and when the company seeks to recover start-up costs quickly.

• A)penetration
• B)skimming
• C)discount
• D)sliding-down-the-demand-curve

---

Definitions:

Superscript

Text that is smaller than the standard text and positioned slightly above the line of normal text, often used for footnotes, mathematical expressions, and references.

Content Note

An annotation or remark that provides additional information or clarification about the content of a document or publication.

Chicago Humanities

A cultural organization that promotes public engagement with the humanities through events, talks, and educational programs, primarily located in Chicago.

Documentation Style

Refers to a system of rules and conventions used to structure and format documents, often used in academic and professional writing.