Walmart vs. Target: This retailer boasts 'significant advantage' with wealthier shoppers" https://www.foxbusiness.com/retail/targets-path-to-competing-with-walmart-the-100000-shopper and "Walmart vs. Target Business Model: What's the Difference?(Link: https://www.investopedia.com/articles/active-trading/070715/target-vs-walmart-whos-winning-big-box-war.asp). After reading these two articles, please answer the following questions below.

1. Do you think Target and Walmart are monopolies or competitive markets and are they price takers or price searchers and do you think Target and Walmart sell homogeneous products or differential products? Why? Explain.