Question: First select and explain the main reason behind your choice of one of the following three strategies: Price Skimming, Penetration Pricing, or Competitive Pricing. Secondly,

First select and explain the main reason behind your choice of one of the following three strategies: Price Skimming, Penetration Pricing, or Competitive Pricing.

Secondly, suggest at least one additional pricing tactic that will go along with your strategic choice such as odd-even pricing, target pricing, prestige pricing, value pricing, bundle pricing, etc. Be sure to briefly explain why (Note: the suggested tactic should align with your strategic choice).

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