The Apple IPad Was Recently Introduced at an Initial Price

question 237

Multiple Choice

The Apple iPad was recently introduced at an initial price of $650 for the 16 GB version.People waited in line overnight so they could be one of the first to own these unique pieces of electronics.Which pricing strategy did Apple use to help recoup its research and development costs for the iPad?

• A)price lining
• B)experience curve pricing
• C)customary pricing
• D)skimming pricing
• E)target pricing

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Definitions:

Gross Motor Skill Development

The progression of physical abilities that involve large muscle groups, such as walking, jumping, and throwing.

Fine Motor Skills

The ability to coordinate small muscles for tasks requiring precision, such as writing or buttoning a shirt.

Sensorimotor Knowledge

Knowledge acquired through sensory experiences and motor actions, fundamental in early childhood development for understanding the world.

Cognitive Development

Cognitive development is the process by which a child learns to understand, think, reason, and use language, extensively studied and outlined by theorists like Jean Piaget.