Market-skimming prices make sense under the following conditions except ____. the high price communicates high value
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Answer:
If consumers are likely to delay buying the product until its price drops
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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.
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