Question: When Apple first introduced its iPhone in the US market, it priced its first iPhone at $600. Several years/months later, Apple reduced the price to

When Apple first introduced its iPhone in the US market, it priced its first iPhone at $600. Several years/months later, Apple reduced the price to $400. And several years/months after that, it reduced the price again to $200. What pricing policy was Apple using in its initial price strategy? O A introductory price skimming price oc cash discount price penetration price E everyday low price

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