Youve probably come across locations along the highway where theres a Exxon-Mobil gas station on one side
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You’ve probably come across locations along the highway where there’s a Exxon-Mobil gas station on one side of the street and a Shell gas station on the other. The two gas stations are often selling us gasoline at exactly the same price. Why is this occurring?
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Gas stations especially those located close to each other often engage in what is known as price com...View the full answer
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