Askimming pricing policy is likely to be most effective when: (1) enough prospective customers are willing to buy immediately at the high initial price to make these sales profitable; (2) ; (3) lowering the price has only a minor effect on increasing the sales volume and reducing the unit cost; and (4) customers interpret the high price as signifying high quality.

The correct answer would be, high initial price will not attract competitors.

One of the points in Skimming Pricing strategy is the above mentioned statement.

Explanation:

When a marketer sets the price of a product or service too high initially, and lowers the product price after some time, then this pricing strategy of the marketer is called as the Skimming pricing Strategy.

Skimming pricing strategy has the following characteristics:

The above mentioned characteristics are true for skimming strategy where the initial price of the product is high.

Learn more about Skimming Pricing Strategy at:

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the template that is used is page layout then the margins option and finally choose the normal option.

i believe the answer is: returns on investments, no wages

people who belong in upper class society would most likely get there by obtaining multiple source of income, which a certain percentage of ownership for businesses. since most of them are job creator, they would most likely get their money from profit, not wages.