When HP First Introduced Their Inkjet Printers,consumers Could Only Buy

question 47

Multiple Choice

When HP first introduced their inkjet printers,consumers could only buy refill cartridges from HP.HP made significant profits from the sale of replacement cartridges.In this situation,HP logically used a __________ pricing strategy for their printers.

• A) market penetration
• B) loss leader
• C) price fixing
• D) reference
• E) skimming

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Definitions:

Hospital Administrator

A professional responsible for the management, coordination, and direction of health care and hospital services.

Logic

A system of reasoning or a framework for rational thought to assess the validity of statements or arguments.

Precise Wording

The use of clear and exact language to communicate specific details effectively, minimizing misunderstandings.

Future-Oriented

Focused on or planning for the upcoming trends, innovations, or occurrences rather than the current or past situations.