Gasoline pricing is regulated and taxed, therefore, one corporation can not change prices dramatically.
Donald F Dixon has written: 'Suppliers' pricing policies and gasoline price wars in Pennsylvania' -- subject(s): Prices, Gasoline, Competition
what are the advantage of competition based price
I'm doing a school assignment so I have no clue! :)
when does a competition happen
competition price
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Predatory means "in the manner of a predator." Predatory pricing is designed to drive competitors out of business by pricing so low that the competition can't compete.
This is EASY: "Penetration Pricing" based on Pricing, competition, strangely, Demand, and illegally price fixing...
Competition based pricing is a price set by a company for a product to compete with another company's pricing. Production and distribution costs are ignored to drive demand towards another brand. This method of pricing can cause a long-term decrease in product perception and decrease a product's value for future profits.
If you're asking what will happen if you put gasoline in a diesel engine, the engine will be destroyed if you run it on gasoline.
The price of gasoline will decrease
The price of gasoline will decrease