Which pricing strategy revolutionized access to DNA sequencing technology, dropping the cost of sequencing a human genome from $100 million in 2001 to under $1,000 today?

Scientific equipment and laboratory supplies represent a specialized market where pricing strategies can dramatically impact adoption rates and research outcomes. From cutting-edge genomic sequencers to routine laboratory reagents, how companies price their innovations affects everything from academic research to pharmaceutical development. This trivia question explores a fascinating pricing phenomenon in scientific products that has revolutionized access to critical research tools.

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Exponential pricing model (cost halving every 2.4 years, similar to Moore's Law)
Freemium model (basic sequencing free, premium analysis services paid)
Subscription-based genomics (pay monthly for access to sequencing equipment)
Value-based pricing (cost determined by medical/research value of the gene sequence)