When Sony Introduced the First Consumer VCRs in the 1970s,the

Multiple Choice

When Sony introduced the first consumer VCRs in the 1970s,the retail price exceeded $1,000.Within a few years,the price dropped well below $500.This is an example of:

A) skimming strategy.
B) penetration strategy.
C) cost-based strategy.
D) price ceiling strategy.
E) transfer pricing strategy.