The average price Xerox charged when it introduced the first stand-alone fax machine was $12,700. This premium price was a way for Xerox to recoup some of the research and development costs that went into production. Xerox used ________
A) a skimming price
B) a trial price
C) penetration pricing
D) prestige pricing
E) target costing
A
Business
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If we invest money for 10 years at 8 percent interest, compounded semiannually, we are really
investing money for 20 six-month periods, and receiving 4 percent interest each period. Indicate whether the statement is true or false
Business
A(n) ________ is a document required by certain countries which forces the exporter to provide information to customs officials in the importing country with the goal of preventing false declarations of the value of the merchandise
A) consular invoice B) order bill of lading C) commercial invoice D) clean bill of lading
Business