Which statement regarding pricing is true?

Multiple Choice

$$ Marketers should keep prices low during the introductory stage of the product life cycle.

$$ A price$-$skimming strategy is often used during the growth and maturity stages of the product life cycle.

$$ Choosing a price is a one$-$time decision that is made for each individual product.

$$ Initiating price increases is one of the least challenging aspects of pricing.

$$ Pricing strategies should be reevaluated throughout the product life cycle.