Multiple Choice
A shortage of blood for transfusions for injured animals has resulted in the introduction of a synthesized product called Oxyglobin,which can be used effectively as a blood replacement.The manufacturer of the product has put a high price on the product in order to recoup its research and development costs.Which type of policy is the manufacturer of Oxyglobin using?
A) price skimming
B) price banding
C) price lining
D) penetration pricing
Correct Answer:
Verified
Correct Answer:
Verified
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