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Price matching policies

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Suppose the 2 rival "Super Stores", Walmart and Target both adopt price matching policies. If people can find lower advertised prices on any items they sell, then they will match the lower prices. Explain why this policy might not be good news for consumers.

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https://brainmass.com/economics/economic-policy/price-matching-policies-49026

Solution Summary

This discusses the price matching policies of WalMart and Target.

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