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Product X was introduced into the market at N4 ... - JAMB Commerce 1998 Question

Product X was introduced into the market at N4.00 with its cost of product at N3.90 while competing products are at N4.50. What pricing policy are producers of X adopting?
A
market skimming
B
market penetration
C
product live promotion
D
above the market pricing
correct option: a
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