Question

A strategy where an organization sets a high initial price, often targeted at early adopters, is a ________.

Answer 1

correct answer is skimming price strategy

Step-by-step explanation:

solution

the correct answer is Price skimming price strategy because

it is product pricing strategy in which company charge the initial price as highest and after then lower it over the time as that 1st customer demand will satisfy and competition entry in market but company lower the price value of the product to more attracting another customer with more price value as a sensitive segment of population

so here correct option is skimming price strategy