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uring the period when Walmart was rapidly expanding into new cities, in net, consumers were Multiple Choice winners, without exception, because prices fell dramatically. barely
uring the period when Walmart was rapidly expanding into new cities, in net, consumers were
Multiple Choice
winners, without exception, because prices fell dramatically.
barely impacted because the small price reductions that resulted were countered by the loss of smaller stores.
winners, because the impact of dramatic price reductions overwhelmed any downside.
losers, because prices generally rose as a result of Walmart's entry.
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