Homework answers / question archive / Guaranteed price matching, which occurs when a firm announces that it will automatically match any competitor's price is: a) Good for consumers because it keeps prices low, b) Bad for consumers because it keeps prices high, c) Does not affect consumers since it does not actually affect the price of the product

Guaranteed price matching, which occurs when a firm announces that it will automatically match any competitor's price is: a) Good for consumers because it keeps prices low, b) Bad for consumers because it keeps prices high, c) Does not affect consumers since it does not actually affect the price of the product

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Guaranteed price matching, which occurs when a firm announces that it will automatically match any competitor's price is:

a) Good for consumers because it keeps prices low,

b) Bad for consumers because it keeps prices high,

c) Does not affect consumers since it does not actually affect the price of the product.