I purchased a Chevrolet Impala. I shopped around and had 5 different auto dealers competing for my business. Because all 5 offered the same product, they were forced to compete for my business... Funny thing, they still made a fair profit — not an outrageous one.


Comparing price competition in the automobile market to having a prescription filled at a pharmacy - Healthcare


I purchased a Chevrolet Impala. I shopped around and had 5 different auto dealers competing for my business. Because all 5 offered the same product,...

I purchased a Chevrolet Impala. I shopped around and had 5 different auto dealers competing for my business. Because all 5 offered the same product,...

I purchased a Chevrolet Impala. I shopped around and had 5 different auto dealers competing for my business. Because all 5 offered the same product,...

I purchased a Chevrolet Impala. I shopped around and had 5 different auto dealers competing for my business. Because all 5 offered the same product,...