Multiple Choice
Market-skimming prices make sense under the following conditions EXCEPT ________.
A) the high price communicates high value
B) the high initial price blocks competition from entering the market
C) the unit costs of producing a small number of units are not too high
D) the product is a "me-too" and contains no new technology or points of difference
E) a sufficient number of buyers have a high current demand
Correct Answer:
Verified
Correct Answer:
Verified
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