Question: What pricing strategy involves setting the price at a high initial level and gradually lowering it over time? Select one: a . Market penetration pricing

What pricing strategy involves setting the price at a high initial level and gradually lowering it over time?
Select one:
a. Market penetration pricing
b. Cost-phius pricing
c. Competitue pricing
d. Price skimming
What pricing strategy involves setting the price at a high initial

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