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Which pricing policy is probably "best" for a profit-oriented, low-cost producer who is introducing a new product into a market with elastic demand and is expecting strong competition very soon after product introduction?

A. Skimming pricing

B. Introductory price dealing

C. Meeting competition pricing

D. Penetration pricing

E. Status-quo pricing

Respuesta :

origos

Answer:

D

Explanation:

Penetration pricing strategy is setting an initial low price in other to gain market share and switch consumers from competitors. As a new entrant into the market with Low cost production, penetration pricing  strategy should be introduced.

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