A Study of Retail Prices of Groceries in Relation to Standard Price Theory

Ian M. Sturgess

Review of Marketing and Agricultural Economics, 1970, vol. 38, issue 04, 24

Abstract: Data from a survey of self-service grocery stores in New South Wales and Victoria is used to show that the surface of prices is not well explained by simple price theory. Also examined and tenatively explained are price differences between chain and non-chain stores and between metropolitan and rural stores; the roles of different products in store pricing; and the nature of price competition in local markets.

Keywords: Demand; and; Price; Analysis (search for similar items in EconPapers)
Date: 1970
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Persistent link: https://EconPapers.repec.org/RePEc:ags:remaae:9602

DOI: 10.22004/ag.econ.9602

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