A ________ Pricing Strategy Often Is Used When a Company

question 66

Multiple Choice

A ________ pricing strategy often is used when a company introduces a new product into a market with little or no competition.

• A)price war
• B)competitive
• C)skimming
• D)price floor

---

Definitions:

National Ambient Air Quality Standards

Set by the Environmental Protection Agency (EPA), these standards limit the amount of key air pollutants allowed in outdoor air across the United States to protect public health and the environment.

Toxic Substances Control Act

A U.S. law, enacted in 1976, aimed at regulating the introduction of new or already existing chemicals.

Federal Insecticide, Fungicide, and Rodenticide Act

A United States federal law passed in 1947 that provides federal control of pesticide distribution, sale, and use.

Clean Water Act

A U.S. federal law aimed at regulating the discharge of pollutants into the nation's surface waters, including lakes, rivers, streams, and coastal areas.