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.


Issue Date:
1970-12
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/9602
Published in:
Review of Marketing and Agricultural Economics, Volume 38, Number 04
Page range:
170-193
Total Pages:
24




 Record created 2017-04-01, last modified 2017-08-23

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