What is price skimming?

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asked Nov 7, 2022 169k views

1 Answer

LPodolski · Answer 1 · 2022-11-12T15:49:06+0000

Answer:

a strategy where someone sets a high price at first to attract people who like it a lot enough to buy it at that price but slowly lowering it over time so that even people who arent as desperate to buy it will possibly buy it as well.

What is price skimming?

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