What is price skimming? – McqOptions

MCQOPTIONS

1.	What is price skimming?
A.	Setting an initially high price which falls as competitors enter the market.
B.	Setting a high price which consumers perceive as indicating high quality.
C.	Setting a low price to “Skim off” a large number of consumers.
D.	noe
Answer» B. Setting a high price which consumers perceive as indicating high quality.

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