High School

Of the following, which pricing strategy would be most commonly used for new products?

a. Special event pricing
b. Price lining
c. Price leaders
d. Price skimming
e. Everyday low prices

Answer :

Final answer:

Price skimming is the most commonly used pricing strategy for new products.

Explanation:

The most commonly used pricing strategy for new products is price skimming.

Price skimming involves setting a high initial price for a new product and gradually lowering it over time.

This strategy is often used for products that have unique features or high demand from early adopters.