Question

Which type of pricing strategy is typically used by HP for its laser printers?

1) Penetration pricing
2) Skimming pricing
3) Cost-plus pricing
4) Competitive pricing

Answer 1

HP typically uses competitive pricing for its laser printers.

Step-by-step explanation:

The type of pricing strategy typically used by HP for its laser printers is competitive pricing. Competitive pricing is a strategy where prices are set based on the prices of competitors in the market. HP laser printers are priced in a way that is comparable to other laser printers available from other brands. This strategy allows HP to attract customers by offering competitive prices while still maintaining profitability.