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Xerox Pioneered the First Portable Fax Machine

Question 58

Multiple Choice

Xerox pioneered the first portable fax machine. In 1980, the price was a hefty $12,700. Xerox used ________ pricing strategy to help recover its research and development costs.


A) a penetration
B) a cost-plus
C) a skimming
D) a target ROI
E) an above-market

Correct Answer:

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