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Message
re: Walmart??
Posted on 5/6/20 at 9:38 pm to HailHailtoMichigan!
Posted on 5/6/20 at 9:38 pm to HailHailtoMichigan!
I have a hard time seeing how their consumers benefited in the long run.
5
Posted on 5/6/20 at 9:40 pm to Built Ford Tough
What do you mean?
Posted on 5/6/20 at 9:43 pm to Built Ford Tough
Consumers are free to shop where they prefer. On average, they prefer lower prices. Walmart affords them that preference. This increases consumer surplus. The net gain in consumer surplus likely outweighs the net loss in producer surplus. If you really want to bitch about competitive outcomes you should do so on the legal side of things.
Posted on 5/6/20 at 9:51 pm to Built Ford Tough
quote:
I have a hard time seeing how their consumers benefited in the long run.
What do you mean? Can you explain that reasoning?
Thanks.
Posted on 5/6/20 at 10:23 pm to Built Ford Tough
quote:
I have a hard time seeing how their consumers benefited in the long run.
Jesus fricking Christ, I would rather go one place than 5 shitty little stores
Dollar General is competing alright with them.
Posted on 5/6/20 at 10:57 pm to Built Ford Tough
quote:
I have a hard time seeing how their consumers benefited in the long run.
China sure benefited...and still does.
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