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

Name: Xerox pioneered the first portable fax machine.In 1980,the price was $12,700.Xerox used a(n)________ pricing strategy to help recover its research and development costs.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Xerox used a skimming strategy to help it recover the costs of development as well as to capitalize on the price insensitivity of early buyers.

Xerox Pioneered the First Portable Fax Machine