Related to the Economics in Practiceon page 125: Harry's Foods ...

[gbarreiro]

Related to the
 Economics in Practice on page 125: Harry's Foods claims that you will pay less for groceries by shopping at their stores. As evidence, Harry's Foods points out that the total price of the bundle of goods that a particular shopper purchased at Harry's Foods was lower than the total price of the same bundle of goods purchased at other stores. Which of the following points out a flaw in the grocery store's argument?

◦ The shopper in question may not have purchased the same bundle of goods had he shopped at one of the other stores first.
◦ It ignores the possibility that Harry's Foods used to charge higher prices than their competitors.
◦ It fails to demonstrate that Harry's Foods offers the highest quality groceries.
◦ Prices on the day the bundle was purchased may not be representative of prices on a typical day.

[kristenb95]

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[gbarreiro]

TY

[kristenb95]

You're welcome