When VCRs were introduced in the$$ mid$-1970$s$,$ they were priced at$$ $$900$ and above. As more competitors and new technology entered the$$ market, the price dropped dramatically. The introductory price of$$ $$900$ is an example of$\_\_\_\_\_\_\_.$

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Part $1$

A$.$

penetration pricing

B$.$

price skimming

C$.$

psychological pricing

D$.$

bundling

E$.$

dynamic pricing