Microeconomics: Principles, Problems, & Policies, 20th Edition

Published by McGraw-Hill Education
ISBN 10: 0077660811
ISBN 13: 978-0-07766-081-9

Chapter 7 - Utility Maximization - Discussion Questions - Page 163: 4

Answer

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Work Step by Step

Convenience stores run off the idea that it takes a lot less work to find what you are looking for. As a result, they save the buyers time that the buyer can in turn use to make money by making it easy for the buyer to purchase products.
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