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Wal-mart And Its Market Struct
In a world where most retailers are categorized as having a monopolistic competition market structure, Wal-Mart Stores Inc. appears to have an oligopoly market structure. Nevertheless, because there are far too many retailers to deal with, then they also have a monopolistic competition market structure. Regardless, Wal-Mart would rather have it this way because it has not hurt them at all by having competition.
When Wal-Mart Stores Inc. opened its doors to their first discount store in 1962, Sam Walton had no idea his business would take off like it has to this day. T ....
Word count: 592 - Page count: 3
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