Question

Price skimming works best for which type of product?

Answer 1

Answer:

i think it would be D

Explanation:

Price skimming works best for which type of product?

A.

Products that haven't been advertised much

B.

Inexpensive products with many competitors

C.

Products with elastic demand

D.

High-end products with unique features

 (THIS IS THE QUESTION I WAS ASKED)

Answer 2

Price skimming should be worked best that contains High-end products with unique features

The following information should be considered:

• Price skimming is a product pricing strategy where a firm charges the highest starting price that customers will pay and then lowers it over time.
• So it deals with that product that contains high quality.
• Also, it should have innovative features.

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