Question

Which sentence indicates that Rudolph is following a market skimming pricing policy?

Rudolph launched his brand of high-end audio speakers called Rudebox. He introduced his first line of products at $40,000. He plans to periodically bring down the price. Very soon he will launch the second edition of Rudebox, which would be of a lower price range, and designed for the masses.

Answer 1

He plans to periodically bring down the price

Step-by-step explanation:

Answer 2

Very soon he will launch the second edition of Rudebox, which would be of a lower price range, and designed for the masses.

Step-by-step explanation:

Market skimming pricing policy, or price skimming is the pricing strategy that is used by business owners to make the initial price of a product high and then reduce it subsequently so more people can be able to afford it.

The sentence that shows that Rudolph is following a market skimming price policy is his decision to reduce the price of his Rudebox in a second edition which is designed for the masses.