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Price skimming is? Entering a marketing with a higher price and slowly dropping the price over time to capture the most margin Setting a low

Price skimming is?

  1. Entering a marketing with a higher price and slowly dropping the price over time to capture the most margin

  2. Setting a low initial price and slowly increasing the price as customers become committed to the product over time

  3. Allowing resellers to make large margins on a product and protecting that margin over time

  4. Giving extra bonus to productive sales people

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