Multiple Choice
A skimming pricing strategy
A) allows low-income households the ability to purchase a particular good or service.
B) drives competitors out of business in order to achieve a monopoly position in the market.
C) creates a "common man" image to reach a larger market.
D) establishes a high price in order to earn the highest possible profit while there is little competition.
Correct Answer:
Verified
Correct Answer:
Verified
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