GameCube Video Game Console Was Launched with an Introductory Price

Multiple Choice

GameCube video game console was launched with an introductory price of $199.95,which was quite low for products of this category.The reasoning behind this low pricing was that the GameCube manufacturer expected competition to move in rapidly.Identify the pricing policy used here.

A) Penetration policy
B) Markdown policy
C) Skimming policy
D) Going-rate policy