Which of the following conditions is most likely essential for implementing a successful market-skimming pricing strategy for a product?

Which of the following conditions is most likely essential for implementing a successful market-skimming pricing strategy for a product?



A) The product's quality and image support its high price.
B) Lower-priced alternatives can enter the market easily.
C) Low prices promote more market growth than high prices.
D) The product's price matches its manufacturing costs.
E) A low-price position of the product is maintained.


Answer: A) The product's quality and image support its high price.


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