The pricing strategy practiced by company according to which prices are high for products at introduction stage and drops overtime is classified as _________?
Amarket skimming pricing
Bpush pricing strategy
Cmarket penetration pricing
Dquality leadership pricing
Correct answer
A. market skimming pricing
Explanation
market skimming pricing is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.