Which pricing strategy involves setting a high initial price and gradually lowering it over time?

قیمتوں کا تعین کس حکمت عملی میں اعلی ابتدائی قیمت طے کرنا اور وقت کے ساتھ آہستہ آہستہ اسے کم کرنا شامل ہے؟
Answer: Price Skimming
Explanation

Price Skimming targets early adopters willing to pay more at launch.

The price is reduced later to attract a broader customer base.

This question appeared in Past Papers (4 times)
SPSC 25 Years Past Papers Subject Wise (Solved) (1 times)
This question appeared in Subjects (1 times)
ACCOUNTING (1 times)

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