The pricing strategy practiced by company according to which prices are high for products at introduction stage and drops overtime is classified as _________?

The pricing strategy practiced by company according to which prices are high for products at introduction stage and drops overtime is classified as _________?

A. push pricing strategy
B. market penetration pricing
C. market skimming pricing
D. quality leadership pricing

The price discrimination in which seller charges different prices to different customers on the basis of their demand is classified as __________?

The price discrimination in which seller charges different prices to different customers on the basis of their demand is classified as __________?

A. second-degree price discrimination
B. first-degree price discrimination
C. third-degree discrimination
D. fourth-degree discrimination