Multiple Choice
Market-skimming prices make sense under which of the following conditions?
A) The unit costs of producing a small number of units is low.
B) The average price communicates average value.
C) The product is a "me-too" and contains no new technology or points of difference.
D) An insufficient number of buyers have a high current demand.
E) The high initial price blocks competition from entering the market
Correct Answer:
Verified
Correct Answer:
Verified
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