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Your tasks for 02 are as follows: Based on this discussion and economic theory, draw an appropriate diagram using relevant isocost lines to illustrate and

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Your tasks for 02 are as follows: Based on this discussion and economic theory, draw an appropriate diagram using relevant isocost lines to illustrate and explain in some technical detail how Walmart's business model is receiving Schumpeterian {innovation} rents over Amazon during the years of 2019 to 2021. Use hypothetical data (rough guesses} relying on intuition. To support your analysis, refer to key sentences and ideas from the articles where relevant. [Type answer in 500 words or less} [10 marks]

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