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Question: Your company has just made the scientific breakthrough of the century. It has invented a tattoo cream that permanently removes unwanted tattoos. Twelve applications of the skin cream solution results in smooth, tattoo-free skin without the need for costly plastic surgery. There are other products that claim that they eliminate tattoos, but they only conceal rather than remove tattoos. Assume that you are the product manager for Tattoo Skin Solutions; What pricing strategy would you recommend to market your product?

A. Skimming Pricing

B. Cost-Plus Pricing

C. Penetration Pricing

D. Volume Pricing

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M92598628

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