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Vanyuwa [196]
3 years ago
11

Skimming pricing refers to

Business
1 answer:
amid [387]3 years ago
7 0

Answer:

The correct answer is Option C.

Explanation:

Skimming pricing derived its name from "skimming" customer segments with price being reduced over a time period or "skimming" successive layers of a cream.

Skimming is a product pricing strategy whereby the highest initial prices are set for customers who will pay and the prices are reduced over time as competition enters the market. In order to attract further customers, the firms reduce the prices over time.

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A company has four vendors and the accounts payable subsidiary ledger shows the following balances.
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Joseph and Mary, owners of Hotel Christmas have decided to sell their property. Hotel Christmas is a five-star full-service reso
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because i know

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Read 2 more answers
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