Which famous inventor pioneered the use of 'price skimming' followed by 'penetration pricing' to transform his groundbreaking product from luxury to mass-market necessity?

When groundbreaking inventions change the world, it's not just about the technology - the business strategy behind their launch can be equally brilliant. In the early 20th century, one iconic inventor revolutionized not just what people could buy, but how products were priced. This pricing innovation helped democratize a luxury item into a product for the masses, changing transportation forever. Test your knowledge on this fascinating intersection of invention and business strategy!

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Henry Ford, who reduced the Model T's price from $850 to $260 over 20 years through assembly line efficiency and economies of scale
Thomas Edison, who initially priced light bulbs at premium rates before dramatically dropping prices once production methods improved
Alexander Graham Bell, who started with telephone rental services for businesses before expanding to affordable home telephone options
Guglielmo Marconi, who marketed radio technology to military and shipping industries before creating consumer-accessible radio receivers