Concept:A pricing policy is a method a company uses to set and adjust the price of its product.
Explanation:Market skimming is a pricing policy where a producer sets a high initial price for a new product.
This high price targets buyers who strongly want the product and can afford to pay more.
After capturing these early buyers, the seller gradually lowers the price.
This allows the seller to attract the next layers of customers who are more price-sensitive.
The other options are not pricing policies.
Labelling and packaging are product presentation decisions.
Market selection refers to choosing the target market, not setting product prices.
Therefore, only market skimming qualifies as a pricing policy.
Answer:D. market skimming