A skimming pricing policy is likely to be most effective when a lower price will significantly lower fixed costs. consumers tend to be price-sensitive. customers are willing to buy immediately at the high initial price. it will be easier to set measurable sales unit goals. consumers perceive your product to be similar to other products on the market.

Question

Business

Papito

9 June, 08:14

A skimming pricing policy is likely to be most effective when a lower price will significantly lower fixed costs. consumers tend to be price-sensitive. customers are willing to buy immediately at the high initial price. it will be easier to set measurable sales unit goals. consumers perceive your product to be similar to other products on the market.

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Answers (1)

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Ismael Mcbride · Answer 1

The answer is enough customers are willing to buy immediately at the high initial price.

Explanation:

A skimming price policy is defined as a price strategy where an entity would charge the highest initial price that a customer is willing to pay, before then lowering their prices for more price-sensitive customers. The other options are incorrect because if they occur, then skimming price policy would not be suitable for use by the company as a product price strategy.