You pay the checkout operator for the large serving but he enters into the cashier a small serving size and keeps the difference for himself. Which fraud is being committed here?

Respuesta :

Since we paid for large serving but operator enters into cashier a small serving size, and kept difference with himself, the fraud committed here is price skimming.

Price skimming is a product pricing strategy in which a company charges the highest initial price that customers are willing to pay and then gradually lowers it. As the firm's first customers' demand is met and competition enters the market, the price is reduced in order to attract another, more price-sensitive segment of the population. The skimming strategy derives its name from the process of "skimming" successive layers of cream, or customer segments, as prices fall over time.

When a new type of product enters the market, price skimming is frequently used. The goal is to generate as much revenue as possible while consumer demand is high and competition is limited. Once those objectives are met, the original product creator can lower prices to appeal to more price-conscious buyers while remaining competitive with any lower-cost copycat items that enter the market.

Learn more about price skimming here:

https://brainly.com/question/28198218

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