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Posted on Nov 13, 2024

Apple decides to price the next model of the iPhone 2 0 % higher than market competitors. After six months, they then drop the price.

Apple decides to price the next model of the iPhone

20 %

higher than market competitors. After six months, they then drop the price. This reflects which pricing strategy?

Dynamic pricing

Cost

-

based pricing

Price skimming

Market penetration

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