Exam 46: Walmart: Always Low Prices and Low Wages- Always

Walmart entered the grocery business in the 1990s, by 2005 it was the _____ grocery chain in the U.S.

Workers at Walmart are paid ______ their unionized counterparts.

When a new Walmart locates in an area, other retail stores and restaurants often locate nearby, exhibiting what economists call Walmart's ________ factor.

In most larger cities where there are several grocery stores, the market form is

Which of the following is an example of Walmart's "pull" factor?

When a new Walmart locates in an area, other businesses in the area are

Independent grocery stores are best-advised to

The literature on job displacements suggests that when a new Walmart opens with 300 workers,

When a new Walmart locates in an area, a business likely to be helped is a

It is noted by some sociologists that a new Walmart store in town will

In very small towns where there is only one grocery store, the market form is

If you got a new job and moved to Indianapolis, Indiana (population 800,000)you would expect to find more than 100 grocery stores (several Walmart Supercenters and Super Targets, several Krogers, Marshes and dozens of IGA affiliates and dozens more independent grocery stores), the market form is

Members of IGA are advised by that organization to

Theoretically, a firm can enter an industry with low prices, drive out their competition and take advantage of their newly achieved monopoly power to raise prices, but the evidence is that Walmart has

If you got a new job and moved to Terre Haute, Indiana (population 60,000)you would expect to find ten grocery stores (two Walmart Supercenters, three Krogers, a Meijer, two IGA affiliates, and two independent grocery stores), the market form is

The notion that there are no consumers who lose when a Walmart enters a city

Walmart tends to ______ sales tax collections in the community.

When a new Walmart comes to a city, ________ percent of sales at the Walmart would not have occurred in the city.

Economists measure the degree to which consumers lose when Walmart comes to a city by looking that their willingness to pay more at others stores. This measure is called

Nationally, the place you are most likely to find a butcher creating special cuts for customers is