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Match the Term with Its Definition

Question 12

Multiple Choice

Match the term with its definition.
-A technique that sets very high prices for a limited period before reducing them to more competitive levels


A) average pricing
B) follow-the-leader pricing strategy
C) freemium strategy
D) markup pricing
E) penetration pricing strategy
F) prestige pricing
G) price lining strategy
H) price skimming strategy
I) product line pricing
J) variable pricing strategy

Correct Answer:

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