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QUESTION

a) On which do you think consumers spend more time shopping for lower prices, sugar or coffee? Why?

a) On which do you think consumers spend more time shopping for lower prices, sugar or coffee? Why? (b) Can you explain why the price dispersion for salt is much greater than the price dispersion for sugar? (c) Frozen vegetables are search goods because they are purchased frequently by consumers. True or False? Explain.

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