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:

Titles

Formal or official designations given to individuals, works of art, or positions to denote status or function.

Documentation

The written or printed material that provides official information or evidence or that serves as a record.

Visual

Pertaining to sight or the ability to see, often used in the context of graphical or pictorial representation of information or concepts.

Verifying Quality

The process of checking and ensuring that a product, service, or system meets specified standards or requirements.