When Apple First Introduced Its IPhone in the U

Multiple Choice

When Apple first introduced its iPhone in the U.S.market,it priced it at $600.Several months later,Apple reduced the price to $400.And several months after that,it reduced the price again to $200.What pricing policy was Apple using in its initial price strategy?

A) introductory price
B) skimming price
C) cash discount price
D) penetration price
E) everyday low price