Some Smaller Retailers Often Go Out of Business When Walmart

question 180

Essay

Some smaller retailers often go out of business when Walmart opens a new store.One of the reasons for this development could be that:
A.Walmart practices unfair pricing methods that reduce consumer surplus over time.
B.consumers in those areas receive no consumer surplus from Walmart.
C.consumers in those areas receive a larger consumer surplus from shopping at Walmart than from the smaller stores.
D.smaller stores increase prices to compete.

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Definitions:

Food Deprivation

The condition of being withheld from food, which can lead to various physiological and psychological effects.

Association Areas

Regions of the cerebral cortex that integrate simpler functions to perform more complex functions like learning, remembering, and speaking.

Somatosensory Cortex

A part of the brain responsible for processing sensory information from various parts of the body, related to touch, temperature, and body position.

Hippocampus

An area in the brain linked to the development of memory and the ability to find one's way through space.