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the following briefly. 1. What is the main difference between the two new-product pricing strategies: market -skimming pricing and market-penetration pricing? 2. Please discuss circumstances

the following briefly. 1. What is the main difference between the two new-product pricing strategies: market -skimming pricing and market-penetration pricing? 2. Please discuss circumstances in which each of these strategies become more appropriate. 3. Give one example of a company that applies market -skimming pricing and one example of a company that applies market-penetration pricing 4. Explain product bundle pricing. 5. Why is product bundle pricing effective? 6. Give one example of a company that is using product bundle pricing. 7. Compare and contrast optional product pricing and captive product pricing. 8. Please give specific examples of these two pricing strategies in practice. 9. How did Covid-19 affected the businesses in terms of Revenue management? 10. During this time of Covid-19 pandemic, In a grocery store what would be the best strategy to minimize loss or maintain the flow of income? 11. Please give me 3 recovery measures which businesses could use to keep their business on track and continue operating in the long run. 12. In the Covid-19 pandemic, what would a managerial economist do to recover to such crisis and what are the things should do in order to rebuild the business

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