Business Studies, asked by mananchauhan4927, 11 months ago

Market-skimming prices make sense under the following conditions except ____. the high price communicates high value

Answers

Answered by meenusaini27527
4

Answer:

If consumers are likely to delay buying the product until its price drops

Hope it will help you

Answered by bratislava
0

The product is a "me-too" and contains no new technology or points of difference.

Explanation:

  • The market skimming is an approach to pricing that sets a high introductory price to attract the buyers to make a long term for the product and resources.  
  • Market skimming price conditions makes sense under the conditions as the sufficient number of buyers have a high demand, the costs of units of production are high enough, the high initial process doesn't attract competitors to the market but communicates an image of a superior product.

Learn more about the Market-skimming prices make sense under the following conditions except.

  • brainly.in/question/17550117 answered by Meenusaini27527.
Similar questions