_____ refers to a price clearly above the market, but appropriate to a differentiated product, nonthreatening to competition, and with room for some price manipulations.
A) Premium
B) Penetration
C) Skim
D) Meet the market

Question

Quizplus · Accepted Answer

Skimming pricing is a pricing strategy in which a company sets a high price for a new product in order to maximize revenue from early adopters who are willing to pay a premium for the product.

_____ Refers to a Price Clearly Above the Market, but Appropriate