Which retail pricing strategy did Texas Instruments famously use with their graphing calculators, maintaining nearly the same price point for TI-83/84 models despite decades of technological advancement?

In the competitive world of educational technology, graphing calculators have been essential tools in mathematics classrooms for decades. These devices represent a fascinating intersection of retail innovation, brand loyalty, and educational necessity. Behind their buttons and screens lies a rich history of market competition, technological advancement, and strategic pricing that has shaped how students learn advanced mathematics. Test your knowledge about this unique product category that revolutionized math education!

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Price skimming - initially setting high prices then gradually lowering them as competitors entered the market
Educational value pricing - maintaining high prices justified by classroom certification and educational necessity
Penetration pricing - starting with low prices to gain market share before increasing to premium levels
Subscription model - selling hardware at cost while charging annual software license fees for calculator updates