When Apple introduced its iPhone$$ X$,$ it priced the new product at nearly$$ $$1,000,$ considerably higher than competing smart phones. Apple was pursuing$$ a$($n$)\_\_\_\_\_\_\_\_\_\_$ new product pricing$$ strategy.

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Part $1$

A$.$

$$by$-$product

B$.$

$$captive$-$product

C$.$

premium pricing

D$.$

$$optional$-$product

E$.$

$$market$-$penetration