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

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.

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Year of publication:	1970
Authors:	Sturgess, Ian M.
Published in:	Review of Marketing and Agricultural Economics. - Australian Agricultural and Resource Economics Society - AARES. - Vol. 38.1970, 04
Publisher:	Australian Agricultural and Resource Economics Society - AARES
Subject:	Demand and Price Analysis

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Extent:	application/pdf
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005522551