4 its 01:53:13 Market skimming makes sense only under certain conditions. Which of the following is not one of those conditions? Multiple Choice competitors should not be able to enter the market easily and undercut the high price the market must be highly price sensitive so that a low price produces more market growth buyers must be willing to buy the product at that price the costs of producing a smaller volume cannot be so high that it cancels the advantage of charging more the product's quality and image must support its higher price

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
icon
Related questions
Question
4
-46
sints
01:53:13
Market skimming makes sense only under certain conditions. Which of the following is not one of those conditions?
Multiple Choice
competitors should not be able to enter the market easily and undercut the high price
O
the market must be highly price sensitive so that a low price produces more market growth
Obuyers must be willing to buy the product at that price
the costs of producing a smaller volume cannot be so high that it cancels the advantage of charging more
the product's quality and image must support its higher price
Transcribed Image Text:4 -46 sints 01:53:13 Market skimming makes sense only under certain conditions. Which of the following is not one of those conditions? Multiple Choice competitors should not be able to enter the market easily and undercut the high price O the market must be highly price sensitive so that a low price produces more market growth Obuyers must be willing to buy the product at that price the costs of producing a smaller volume cannot be so high that it cancels the advantage of charging more the product's quality and image must support its higher price
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Principles Of Marketing
Principles Of Marketing
Marketing
ISBN:
9780134492513
Author:
Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:
Pearson Higher Education,
Marketing
Marketing
Marketing
ISBN:
9781259924040
Author:
Roger A. Kerin, Steven W. Hartley
Publisher:
McGraw-Hill Education
Foundations of Business (MindTap Course List)
Foundations of Business (MindTap Course List)
Marketing
ISBN:
9781337386920
Author:
William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:
Cengage Learning
Marketing: An Introduction (13th Edition)
Marketing: An Introduction (13th Edition)
Marketing
ISBN:
9780134149530
Author:
Gary Armstrong, Philip Kotler
Publisher:
PEARSON
MKTG 12:STUDENT ED.-TEXT
MKTG 12:STUDENT ED.-TEXT
Marketing
ISBN:
9781337407595
Author:
Lamb
Publisher:
Cengage
Contemporary Marketing
Contemporary Marketing
Marketing
ISBN:
9780357033777
Author:
Louis E. Boone, David L. Kurtz
Publisher:
Cengage Learning