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A price skimming strategy is most often used for a new product when a . the supply of the product is greater than its demand.

A price skimming strategy is most often used for a new product when
a.
the supply of the product is greater than its demand.
b.
competition in the market is abundant.
c.
the product is perceived by the target market as having unique advantages.
d.
customers are unwilling to spend a large amount of money on the product.

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