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Question
Which pricing strategy involves setting a high initial
price to target price-insensitive segments and maximize revenue?Solution
Explanation: Market skimming involves setting a high initial price to target consumers who are less price-sensitive, allowing the company to maximize revenue.
Quantum Theory was discovered by?
Which of the following statements is true when we see 'rainbow'?
Who defined the law of gravitation?
Temperature of the Sun is measured by
Einstein was awarded Nobel Prize for –
What is the SI unit for measuring speed?
Water Turbine was invented by ________ .
In the names Solanum tuberosum (potato), Mangifera indica (mango) and Panthera Leo (lion), the terms Solanum, Mangifera and Panthera represent the highe...
The method of transfer of heat in liquid is
One Kilowatt hour is equal to—