Sports GK Questions and Answers 2024 (Latest Updated)

Awards & Honours GK Questions 2024 (Latest Updated)

Question

An appropriate pricing strategy for a new product to be introduced in the market will be

A Average/Marginal cost-plus pricing
B Skimming/Penetrating pricing
C Product-line pricing
D Differential pricing

Answer & Explanation

Answer: Skimming/Penetrating pricing

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