Solved

When the First Hybrid Automobiles Became Available on the Market,manufacturers

Question 49

Multiple Choice

When the first hybrid automobiles became available on the market,manufacturers had only minimal production capacity.They used a price skimming strategy primarily to


A) recoup high research and development costs.
B) signal high quality.
C) limit demand.
D) penetrate a market.
E) test consumers' price sensitivity.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents