When Laser Technology Developed and Introduced a High-Tech Crash Investigation

Multiple Choice

When Laser Technology developed and introduced a high-tech crash investigation system to be used by law enforcement officers,the company determined that demand for the product was inelastic,and there was no existing competition.The pricing strategy for the system should be:

A) low initial price,rising slightly when entering the growth stage
B) high initial price,falling slightly when entering the growth stage
C) high price,continuing through growth and maturity
D) low price,continuing through growth and maturity
E) low prices initially,rising constantly through growth and into maturity