Business Studies · Marketing Management
Which of the following pricing strategies involves setting a high initial price for a new product to maximize profits from early adopters before gradually lowering the price?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Cost-Plus Pricing
- 2Competitive Pricing
- 3Skimming Pricing✓
- 4Penetration Pricing
Correct answer
Skimming Pricing
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Business Studies?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Marketing Management MCQs →Want more practice questions on Marketing Management?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Business Studies · Marketing Management