On Wednesday, August 13, 2008 5:53 PM Nicholas Geti wrote:

>What in the world makes you think it is only oil prices? Grocery stores
do it the same way minute by minute. Computerized 
>inventory makes this easy. 
>You get the current price at the checkout counter after the item is
scanned in. It is common practice; you shouldn't be 
>surprised. If prices were totally consistent, you can assume there is a
monopoly going on. Since the vary drastically, 
>market forces are at work. 

No, I don't see prices change _daily_ at the grocery store.  Unless they
get a new produce shipment but the price will stay the same until the
next shipment.  Only at the gas station does the price change by a penny
from the previous day in the retail market.

David L. Crooks



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