The Introductory Price for the Nintendo Gamecube Video Game Console

question 49

Multiple Choice

The introductory price for the Nintendo Gamecube video game console was $100 lower than the list price of Xbox and Playstation 2,its only two competitors.Given this information,you can assume Nintendo used what type of policy for its Gamecube?

• A) cost bundling
• B) flexible pricing
• C) penetration pricing
• D) competitive skimming

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Definitions:

Extrinsic Rewards

Motivational incentives that come from an outside source, such as money, praise, or awards, as opposed to intrinsic rewards, which come from within oneself.

Livable Wage

A wage level that allows an individual or family to afford adequate shelter, food, and the other necessities of life in a particular society or geographic area.

Nonstandard Schedules

Work or activity schedules that fall outside the traditional 9-to-5, Monday-through-Friday pattern.

Workers

Individuals engaged in doing a job or work, typically in exchange for payment or salary.