When a company introduces a product at a very high price and then gradually drops the price over time, it is pursuing a ________ strategy
A) market-penetration pricing
B) market-skimming pricing
C) value-pricing
D) switching cost
E) loss-leader pricing
B
Business
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In 2015, satirical cartoons about the prophet Muhammad run by a French newspaper were ________
A) for much of the Western world, a violation of the First amendment B) for much of the Western world, an example of freedom of expression C) for most Muslims, an example of public relations at its worst D) for most Muslims, an example of freedom of expression
Business
Which of the following housing alternatives puts the responsibility for maintenance and repairs on the occupant?
A) Home ownership B) A co-op C) A condo D) A rental unit
Business