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by Anonymous on November 12th, 2006

Anonymous

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Three identical gas stations are on one street. their regular gas prices are all different. why?

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Answers. 3 helpful answers below.

  • by barbaraanne4 on November 14th, 2006

    barbaraanne4

    Around here, they tell us the gas prices are set by the supplier. We have 2 suppliers and you can pretty much tell by the posted prices which stations are supplied by which.

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  • by yoho05 reminds you to DYOH on November 13th, 2006

    yoho05 reminds you to DYOH

    Around here, 'head office' tells gas stations what price to charge. There are some chains that are always the leaders in the lowering phase and others which are leaders when the price jumps.

    Station owners/managers have little discretion about what price to set.

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  • by SeeYouNextTuesday on November 12th, 2006

    SeeYouNextTuesday

    For a profit of course. If all three gas stations are right near eachother and one gas station is lower priced the all the others.

    9 times out of 10 the customers will go to the cheaper station, right?

    Most gas stations won't put their prices as low as some, just because they might lose profit just aswell gain.

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