A Skimming Pricing Strategy Sets a Relatively High Price for a Product

question 24

True/False

A skimming pricing strategy sets a relatively high price for a product to appeal to the segment of the market that is not sensitive to price.

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Definitions:

Technical Communication

The practice of conveying complex and technical information more easily understandable and accessible to those who need it.

Preformatted Designs

Templates or standard layouts that are designed in advance to facilitate easy use or application.

Documents

Written or printed records that provide evidence, information, or serve as official materials for reference and analysis.

Templates

Pre-designed document formats that provide a consistent structure for similar types of documents.