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As a result of comparing competitor pricing, John decides to undercut the competition s price by charging $ 1 per slice of pizza on average.
As a result of comparing competitor pricing, John decides to undercut the competitions price by charging $ per slice of pizza on average. However, he believes that at this price point, he will have ten times as many customers as students will seek out his pizza for a low cost, quality pizza option, instead of his competitors nearby. Johns pricing objective is best defined as:
Prestige
Profitability
Meeting competition
Volume
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