The pricing strategy in which the seller charges a relatively low price on a new product is called the _____ policy.
A) underscoring
B) markdown
C) penetration
D) skimming

Name: The pricing strategy in which the seller charges a relatively low price on a new product is called the _____ policy. A) underscoring B) markdown C) penetration D) skimming
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Question

Quizplus · Accepted Answer

A penetration policy is one in which the seller charges a relatively low price on a new product.

The Pricing Strategy in Which the Seller Charges a Relatively