Question: What is the difference between a penetration pricing strategy and a skimming pricing strategy? Under what circumstances would each be used? Give some examples of

What is the difference between a penetration pricing strategy and a skimming pricing strategy? Under what circumstances would each be used? Give some examples of when you have observed either or both of these in action. Were you aware of what was going on? Make at least 200 words or more, thank you.

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