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In detail explain will happen to a local bakery if a large retailer like Walmart establishes a new store in a location close by and

In detail explain will happen to a local bakery if a large retailer like Walmart establishes a new store in a location close by and decides to price their bread below cost as an opening sale discount to attract customers? What will happen to the bakery if the new retailer continues this pricing behavior for e.g. one year?

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