Jamillah runs an automobile repair shop. She thoroughly researches her competitors to analyze their price for oil changes and other simple repairs. She then charges 1 percent less than they do, even when it means lower profits. Jamillah is most likely using a ________ pricing strategy.
A) break-even based
B) target costing
C) competitive-based
D) psychological costing
E) demand-based
Correct Answer:
Verified
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