Multiple Choice
The sales analysis of a product revealed that profits were highest when it was initially introduced into the market with a high selling price.However,the price was gradually reduced as it started facing competition,as substitutes entered the market.This is an example of
A) introductory price dealing.
B) a temporary price cut policy.
C) a skimming price policy.
D) a penetration price policy.
E) a one-price policy.
Correct Answer:
Verified
Correct Answer:
Verified
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