Some developers of apps for the Apple iPhone price their apps low at launch to encourage sales and get attention so they can move into the prestigious "Top 25" list. Then, they frequently raise prices to get a higher profit margin on later sales. The initial low price is a(n)

A. skimming price.
B. temporary sale.
C. cumulative quantity discount.
D. noncumulative quantity discount.
E. introductory price deal.


Answer: E

Business

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