Question: When Apple first released the iPhone, the price was set at a point that some claimed was exorbitantly high.However, the market showed that there were
When Apple first released the iPhone, the price was set at a point that some claimed was exorbitantly high.However, the market showed that there were quite a few customers willing to buy the phone at that price, the company reduced its price over time. What pricing strategy did Apple use in this instance? A Prestige pricing B Skimming pricing c Target pricing D Price lining E Penetration pricingyCheck
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