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Would Walmart be considereda business failures also market failures? Explain why or why not. In terms of economic efficiency, is Walmart's presence good or bad?

Would Walmart be considereda "business failures" also "market failures"? Explain why or why not.

In terms of economic efficiency, is Walmart's presence good or bad? Is it possible for a smaller store to successfully compete with a national retailer such as Walmart? What features do you think these stores would have?

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