Which One of the Following Situations Best Demonstrates an Advantage

Multiple Choice

Which one of the following situations best demonstrates an advantage of price skimming?

A) The low initial prices create an image of value for the customer.
B) Prices are initially low to encourage customers to purchase the product.
C) When the price is eventually lowered, consumers might think they are getting a bargain.
D) It discourages competitors from entering the market.