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thanhha78 thanhha78
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6 years ago
What is the most likely reason that milk sold in convenience stores is more expensive than milk sold in grocery stores?
A) People who buy milk at convenience stores tend to have less elastic demand for milk.
B) Convenience store owners are greedier than grocery store owners.
C) Convenience stores sell milk in smaller packages, so the per-gallon packaging costs are higher.
D) Grocery stores buy in bulk, while convenience stores buy milk in smaller quantities.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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tristiontristion
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6 years ago
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thanhha78 Author
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