Essay
Which pricing method (skimming,penetration,or status quo)would be most appropriate for each of the following products: (1)a new kind of automatic vacuum cleaner; (2)brightly coloured wooden blocks to be used as a child's toy; (3)a new,low-cost,no-calorie fat substitute; (4)a home computer;and (5)a designer perfume? Briefly justify your answers.
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Vacuum cleaner.Skimming could be used,be...View Answer
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