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Jamillah Runs an Automobile Repair Shop

Question 41

Multiple Choice

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:

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