Question: When Apple, Inc. originally introduced its iPhone, it was priced at what many believed to be about as high as the market would allow. Within

When Apple, Inc. originally introduced its iPhone, it was priced at what many believed to be about as high as the market would allow. Within weeks, Apple lowered the price of the iPhone. It appears that Apple entered the market with a ._ approach topricing the iPhone.Select one:a. Status quo pricing* b. Market share pricing* c. Sales maximization* d. Skimming* e. Demand-oriented

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