Multiple Choice
Which of the following is true of the price skimming policy of pricing a product?
A) It is used when a product is new to the market.
B) It enables a company to enjoy a perfect competition environment in the market.
C) It attracts a large number of customers in the market.
D) It is useful for products that require less research and development expenses.
Correct Answer:
Verified
Correct Answer:
Verified
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