A Macy's manager designs the casual clothing department such that one of Macy's private label pairs of jeans, priced at $24.99, is positioned next to a national brand of jeans, such as Levis, priced at $39.99. What is the manager attempting to accomplish?
A. Everyday low prices strategy
B. Odd-number pricing strategy
C. Price skimming strategy
D. Special-event pricing strategy
E. Reference pricing strategy
Answer: E
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