Clip

The Story of Fed Mart and Gasoline Pricing
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37:20 - 39:41 (02:20)

The founder of Fed Mart discovered that the cost to acquire premium gasoline was only a few pennies higher than the cost of regular, so he decided to sell premium gasoline pricing it only a few pennies above the price of regular. However, this led to regular gasoline suppliers cutting off the supply of gasoline to Fed Mart.

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