Question: When Apple first introduced its iPhone in the U . S . market, it priced it at $ 6 0 0 . Several months later,

When Apple first introduced its iPhone in the U.S. market, it priced it at $600. Several months later, Apple reduced the price to $400. And several months after that, it reduced the price again to $200. What pricing policy was Apple using in its initial price strategy?
Select one:
a. Introductory price
b. Skimming price
c. Cash discount price
d. Penetration price
e. Everyday low price
Clear my choice
When Apple first introduced its iPhone in the U.S. market, it

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