In cases in which development costs are extremely high,as in new high technology products,the skimming technique helps the firm recoup its research and development costs in a shorter time span.

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The statement is true. The skimming technique is a pricing strategy in which a high price is charged for a newly introduced product with the intention of recouping the high research and development costs in a shorter time span. This technique is often used for high technology products, where development costs are extremely high.

In Cases in Which Development Costs Are Extremely High,as in New