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the practice of introducing a new product on the market with high price then lowering over time is called
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11 votes
11 votes
the practice of introducing a new product on the market with high price then lowering over time is called

User David Csonka
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2 Answers

26 votes
26 votes

Answer:

price skimming

they lower the price because competitor enter the market and they want to give the best price

User Medy
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6 votes
6 votes
The practice of this is called “price skimming.”
User Roboslone
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