Final answer:
Kodak is practicing captive pricing by selling cameras at a low price and charging a higher price for the film (C). Captive pricing ensures a stream of revenue from consumables after the initial purchase. This differs from predatory pricing or penetration pricing, which are related to competition strategies.
Step-by-step explanation:
When Kodak sets the general price range of its cameras low and its related film high, it is practicing captive pricing. Captive pricing is a strategy where a company offers a product at a low price that requires the purchase of refills or add-ons at a higher price. This can be seen with printers and ink cartridges as well. By selling the initial product at a lower cost, they capture the customer, who is then compelled to buy the high-margin consumable or accessory.
While this strategy can provide a stable revenue stream, it's different from strategies like predatory pricing, which involves setting low prices with the intent to eliminate competitors, or penetration pricing, which aims to quickly establish market share by setting low prices temporarily.