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When eight-inch satellite dishes were introduced to consumers for Digital Satellite Systems at a high price, only to be lowered later, this strategy is called_____________. Group of answer choices A.price
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When eight-inch satellite dishes were introduced to consumers for Digital Satellite Systems at a high price, only to be lowered later, this strategy is called_____________. Group of answer choices

A.price skimming
B.penetration pricing
C.plus-one pricing
D.harvest pricing

User ManmeetP
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Answer:

A. Price skimming.

Step-by-step explanation:

Skimming can encourage the entry of competitors since other firms will notice the (artificially) high margins available in the product, they will quickly enter.

User Lukegravitt
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