Identify the specific pricing strategy that best fits each description.
a. Toyota prices its newest hybrid vehicle lower than the price of competing brands.
b. A premium men’s shirt has a suggested retail price of $45.00 instead of $44.95.
c. A doctor charges $50 for a routine office visit. d. Heinen’s prices its eggs, bread and milk below cost.
e. The Marriott room rates on Wednesday nights which is a typically slow night are between $135 and $150. The Hyatt across the street lowers its price on Tuesdays and Wednesdays to match the Marriott price.