When Snoo introduced its Smart Sleeper, a responsive baby bassinet that boosts a babys sleep by combining gentle rocking with soothing white noise and snug, safe swaddling, the initial price was $1,495. This allowed Snoo to earn the maximum amount of revenue from the various segments of the market. Two months after the introduction, the price had come down to $1,295. What kind of a pricing did Snoo adopt?

a. Loss leader pricing

b. Market-penetration pricing

c. Market-skimming pricing

d. target-return pricing

e. Value pricing