During the introduction stage of the product life cycle, pricing strategy may be used. This pricing strategy charges a high initial price to recoup the costs of product development.

skimming pricing strategy

Explanation:

Skimming pricing strategy -

It is a the pricing strategy , where the company or any business keeps the price of any product high , and with time reduces the price of the product , is referred to as skimming pricing strategy .

In the initial stage as the product is launched in the market , the demand for the product is higher , and therefore , the company ask for higher price ,

But ,

As the time passes , the demand for the product reduces , and hence to maintain the profit margin , the company reduces the price of the product .

Hence , from the given information of the question ,

The correct answer is skimming pricing strategy .

aristocracy, timocracy, oligarchy, democracy, theocracy and tyranny

explanation:

there are no options provided but you can choose among the following gender-neutral pronouns: zir, hir, eir, vis, tem, eir.

in the normal course of maintaining a pronoun-antecedent agreement, we could have used the words his or her but since we are also required to use gender-neutral language, we need to replace it with its equivalent gender-neutral pronoun.