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    Understanding Business
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    Exam 14: Developing and Pricing Goods and Services
  5. Question
    Charging High Prices to Earn Large Profits During a Time
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Charging High Prices to Earn Large Profits During a Time

Question 9

Question 9

Multiple Choice

Charging high prices to earn large profits during a time when there is little competition represents a ________ strategy.


A) penetration
B) bundling
C) skimming
D) cost-based

Correct Answer:

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