Ryan gave the manager of his convenience store a set of binoculars so she could see the gasoline prices charged by the other convenience store at that intersection. Ryan told the manager to always match the gasoline prices of the other store. Ryan is using a _______ pricing strategy.

Group of answer choices

a) maximizing profits

b) target return

c ) target profit

d) status quo

e) sales

2.

Find the number of units a firm needs to sell to break-even using the information below.

Fixed Cost=$500

Variable Cost= $ 2/unit

Price of product=$6

Group of answer choices

a) 125 units

b) 83.33 units

c) 0 units

e) 250 units