First Apple IPad Was Introduced in 2010 at an Initial

question 276

Multiple Choice

first Apple iPad was introduced in 2010 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 this unique tablet device.Which pricing strategy did Apple use to help recoup its research and development costs for the iPad?

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

---

Definitions:

Details

Individual elements or features that contribute to a whole, often providing additional information or specificity.

Governmental Agencies

Official organizations established by a government to carry out specific functions or services according to legal mandates.

Positive Response

An affirmative or favorable reply or reaction to a question, request, or proposal.

Good News

Information that is positive, uplifting, or beneficial, often shared to convey success, achievements, or happiness.