During the innovative firm's monopoly period, a _____ is optimal if the demand curve is stable over time (no diffusion) and production costs decline with accumulated volume.

During the innovative firm's monopoly period, a _____ is optimal if the demand curve is stable over time (no diffusion) and production costs decline with accumulated volume.




a. life cycle costing pricing policy

b. skimming policy

c. penetration policy

d. time segmentation policy

e. bid price policy






Answer: B


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