Multiple Choice
When Playstation video games were introduced into the United States, they were priced at an introductory price of $299. This price was $100 lower than the Sega games. Playstation used _____ pricing to quickly gain a large share of the market.
A) market-skimming
B) market-absorption
C) market-penetration
D) cost-plus
E) value-set
Correct Answer:
Verified
Correct Answer:
Verified
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