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McqMate
Q. |
What is price skimming? |
A. | Setting an initially high price which falls as competitors enter the market. |
B. | Setting a high price which consumers perceive as indicating high quality. |
C. | Setting a low price to “Skim off” a large number of consumers. |
D. | noe |
Answer» A. Setting an initially high price which falls as competitors enter the market. |
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