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Author Question: Gasoline stations carrying the same fuel brand (e.g., Chevron) are able to charge different prices ... (Read 134 times)

ARLKQ

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Gasoline stations carrying the same fuel brand (e.g., Chevron) are able to charge different prices in San Francisco because:
◦ gasoline stations are perfect price discriminators.
◦ location is a source for product differentiation.
◦ fuel quality varies across stores.
◦ gasoline station operators for a cartel to act as a monopoly.


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Marked as best answer by ARLKQ on Jul 20, 2019

TheDev123

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ARLKQ

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Reply 2 on: Jul 20, 2019
:D TYSM


at

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Reply 3 on: Yesterday
Excellent

 

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