Is WalMart operate within an oligopoly or monopolistically competitive mark, a perfectly competitive market, or monopoly? Explain.

Who are some of WalMarts competitors? Give brief description of the other businesses in the market it competes against.

Identify and explain at least 2 economic concepts that WalMart seems to use to its advantage.

Include an explanation ofh ow anhy significant recent events or changes in this market have affected Walmart.

Provide your evaulation of how this firm might better respond to the challenges it faces.