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What pricing approach is characterized by setting high prices for new products to maximize short-term profits?a)Market penetration pricing.b)Consumer psychology pricing.c)Marketing skimming pricing.d)Profit satisfaction pricing.Correct answer is option 'C'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What pricing approach is characterized by setting high prices for new products to maximize short-term profits?a)Market penetration pricing.b)Consumer psychology pricing.c)Marketing skimming pricing.d)Profit satisfaction pricing.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What pricing approach is characterized by setting high prices for new products to maximize short-term profits?a)Market penetration pricing.b)Consumer psychology pricing.c)Marketing skimming pricing.d)Profit satisfaction pricing.Correct answer is option 'C'. Can you explain this answer?.

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