
1. Gas Stations
The Economics of Everyday Things
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Why Don't Gas Station Owners Charge More?
On average, a gas station sells roughly $4,000 of gas every day. At $0.07 per gallon, that's a daily profit of around $300. Station owners tend to insulate their customers from the ups and downs of the oil market. But when prices finally fall, well, they don't pass along the savings right away.
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