When the makers of a well-respected brand of appliances reduced the prices on their flagship dishwasher, they were hoping to dominate the domestic dishwasher market. Which pricing policy did the company MOST likely follow?
(1 point)
Responses
price skimming
price skimming
penetration pricing
penetration pricing
prestige pricing
prestige pricing
odd-even pricing
1 answer
penetration pricing
1 answer