A strategy of setting a high price for a new product in the market so that the company makes fewer but more profitable sales is | Faculties

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Mr. Dubey

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Q. A strategy of setting a high price for a new product in the market so that the company makes fewer but more profitable sales is

(A) Market-skimming pricing
(B) Market-penetration pricing
(C) Captive-product pricing
(D) Inflation

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✅ Correct Answer: (A) Market-skimming pricing

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