Askimming pricing policy is likely to be most effective when: (1) enough prospective customers are willing to buy immediately at the high initial price to make these sales profitable; (2) ; (3) lowering the price has only a minor effect on increasing the sales volume and reducing the unit cost; and (4) customers interpret the high price as signifying high quality.

The correct answer would be, high initial price will not attract competitors.

One of the points in Skimming Pricing strategy is the above mentioned statement.

Explanation:

When a marketer sets the price of a product or service too high initially, and lowers the product price after some time, then this pricing strategy of the marketer is called as the Skimming pricing Strategy.

Skimming pricing strategy has the following characteristics:

The above mentioned characteristics are true for skimming strategy where the initial price of the product is high.

Learn more about Skimming Pricing Strategy at:

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1.) question:

how was the agricultural revolution related to the industrial revolution?

d.) improved agriculture led to population growth, which increased demand for goods.

2.) question:

which of the following happened first in the events leading to american independence?

c.) the meeting of the first continental congress.

3.) question:

what was one advantage that cities offered businesses and industrialists?

answer:

d.) transportation networks

4.) question:

what economic philosophy developed in response to the problems of industrial workers?

a.) socialism

5.) question:

how does this image relate to the jacobins?

b.) the jacobins used this machine to scare and execute those who supported the king.

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this headline suggests that midterm congressional   elections are at the corner and trump administration wants to activate his base by vowing to clamp down on immigrants and immigration as trump had said during his election campaign around two years ago. when a baby is born in usa, the baby becomes citizen of usa for 85 years and trump wants to end this rule of birthright citizenship to control illegal immigration and this what he said in an interview""we’re the only country in the world where a person comes in and has a baby, and the baby is essentially a citizen of the united states for 85 years, with all of those benefits,” "