What is the practice of temporarly reducing a price to broaden demand for a product, with the intention of later restricting supply and increasing the price?

a. Skimming pricing
b. Penetration pricing
c. Predatory pricing
d. Target costing

Question

25-06-2024
Business

Answered

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What is the practice of temporarly reducing a price to broaden demand for a product, with the intention of later restricting supply and increasing the price?

a. Skimming pricing
b. Penetration pricing
c. Predatory pricing
d. Target costing

Sagot :

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