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A Price Skimming Strategy Is Most Often Used for a New

Question 17

Multiple Choice

A price skimming strategy is most often used for a new product when:


A) ​competition in the market is abundant.
B) customers are unwilling to spend a large amount of money on the product.
C) its supply is greater than its demand.
D) ​the product is perceived by the target market as having unique advantages.

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