Go to your favorite food store and your local Walmart to find their prices for the market basket of goods listed in the accompanying table. What was the total cost of the market basket at each store? How did the prices compare? Did Walmart live up to its slogan of

“Always lower prices”?

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Competitive Pricing: Grocery Store vs. Walmart Brand Grocery Walmart Price Difference Percent Savings Item Size Grocery Ground coffee 11.5 oz can Folgers Raisin Bran 25.5 oz box Kellogg's Pet Supplies Puppy Chow 4.4 lb bag Purina Cleaning Liquid laundry detergent 100 oz bottle Dryer sheets 80 count Liquid dish detergent 25 oz bottle All Bounce Palmolive Health and beauty Shampoo 12 oz bottle Toothpaste 4.2 oz tube Dove Colgate Total Total cost of the market basket of goods