A shortage of blood for transfusions for injured animals has resulted in the introduction of a synthesized product called Oxyglobin, which can be used effectively as a blood replacement. The manufacturer of the product has put a high price on the product in order to recoup its research and development costs. The manufacturer of Oxyglobin is using a _____ policy.
A. price-banding
B. penetration pricing
C. price-lining
D. bundling costs
E. price-skimming
Answer: E
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Fill in the blank(s) with correct word
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What will be an ideal response?
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Answer the following statement true (T) or false (F)