首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
When gas station manager Roger Randolph realized it was costing him money each time someone filled up with $ 4 agallon gas, he h
When gas station manager Roger Randolph realized it was costing him money each time someone filled up with $ 4 agallon gas, he h
admin
2014-01-06
17
问题
When gas station manager Roger Randolph realized it was costing him money each time someone filled up with $ 4 agallon gas, he hung a sign on his pumps: "No more credit cards." He may be the first in West Virginia to ban plastic, but gas station operators nationwide are reporting similar woes as higher prices translate into higher credit card fees the managers must pay, squeezing profits at the pump."The more they buy, the more we lose, " said Randolph, who manages Mr. Ed’s Chevron in St. Albans."Gas prices go up, and our profits go down." His complaints target the so-called interchange fee—a percentage of the sale price paid to credit card companies on every transaction. The percentage is usually fixed at just under 2 percent but the dollar amount of the fee rises with the price of the goods or services. As gas tops $ 4 a gallon, that pushes fees toward 10 cents a gallon. Now stations, which typically mark up gasoline by 11 to 12 cents a gallon, are seeing profits shrink or even reverse. In a good month, Randolph’s small operation would yield a $ 60 profit on gasoline sales. But that’s been buried as soaring prices forced the station to pay about $500 a month in interchange fees."At these prices, people aren’t making any money, " said Jeff Lenard, spokesman for the National Association of Convenience Stores."It’s brutal." Lenard’s group reports convenience stores paid roughly $ 7. 6 billion in credit card fees last year, while making $ 3. 4 billion in profits.
The credit card companies say fees are just part of the cost of doing business. MasterCard has capped interchange fees for gas purchases of $ 50 or more, said company spokeswoman Sharon Gamsin. Accepting MasterCard also gives gas stations "increased sales, greater security and convenience, lower labor costs, and speed for their customers at the pump, " Gamsin said in an e-mail to the Associated Press. Visa argues that the fees are offset "by the tangible benefits to stations and their customers, such as the ability to pay at the pump, " the company said in a statement to the AP.
The word "shrink" in Paragraph 1, Line 13 is closest in meaning to
选项
A、decrease
B、hold steady
C、increase
D、go up and down
答案
A
解析
转载请注明原文地址:https://kaotiyun.com/show/Vfad777K
本试题收录于:
托业阅读题库托业(TOEIC)分类
0
托业阅读
托业(TOEIC)
相关试题推荐
"Whereistheuniversity?"isaquestionmanyvisitorstoCambridgeask,butnoonecangivethemaclearanswerforthereisno
Thearticle________onthissubjectwaswrittenbyMr.Black.
Aforeman’ssalaryisadirectcostwithrespecttothedepartment’sindividualproducts.
ARequiredReserveRatioisafractionofthedepositsofthepublicthatabankholdsinreserve.
Tofinancethenationaldebt,thegovernmentissuesavarietyofdebtsecurities.ThemostwidelyheldliquidsecurityistheTr
Check,draw,rateofexchange,commission,endorse,subjectto,current,guaranted,participate,denominationsApersonwho
Financialinnovationreferstotheprocessthatgivesbirthtonewfinancialinstitutions,markets,andproducts.
Whichofthefollowingisnotafactorofproductionaccordingtoeconomists?______.
A、Indealingwithcollections,bankswilldonothingtofollowthecollectionorder.B、Bankswilldosomethingindealingwitht
随机试题
有的无形资产,尽管其创造成本很高,但是其收益能力较低.对于此类无形资产,我们评估其价值为【】
女性,40岁。白带增多半年,偶有白带血染,近2个月来性交出血,月经规则,检查宫颈中度糜烂,宫体后位,大小正常,活动可,附件(-),宫颈细胞学涂片检查高度可疑,阴道镜下活检报告为癌细胞浸润基底膜5mm以内,有淋巴管侵犯及病灶融合。该病人的诊断应该是
经络分为经脉分为
施工阶段,应适时对施工现场()进行调整。
()是以出租保管箱的形式代客户保管贵重物品、重要文件、有价单证等财物的服务性项目。
学前教育指0~6岁儿童教育,包括_________和幼儿教育(3~6岁)。
长江上游A港与下游S港相距270千米,一轮船以恒定速度从A港到S港需要6.75小时,而返回需要9小时,则长江的水流速度是()。
欧洲中世纪的两件大事
Whatistherelationshipbetweenthetwospeakers?
Educationiswhatyouhaveleftafterall________isforgotten.
最新回复
(
0
)