Which of the following is a reason behind Wal-Mart's success?
a. Absence of unionization and encouragement of merit-based promotions.
b. Complete control over the market price.
c. Presence of regional managers in the field rather than at headquarters.
d. Centralized control and inspection over the functioning of store managers.
A
Economics
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In the above table, dissaving occurs at every level of income below
A) $5,000. B) $7,000. C) $10,000. D) $8,000.
Economics
In a perfectly competitive market, all consumers:
A) are price takers. B) set prices to compete in their market. C) have exactly the same demand schedules. D) have exactly the same tastes and preferences.
Economics