Since the 1980s, Wal-Mart stores have appeared in almost every community in America. Wal-Mart buys its goods in large quantities and, therefore, at cheaper prices. Wal-Mart also locates its stores where land prices are low, usually outside of the community business district. Many customers shop at Wal-Mart because of low prices. Local retailers, like the neighborhood drug store, often go out of business because they lose customers. This story demonstrates that
The reason behind is that there are economies of scale in retail sales. Because the large is the firm, the lower are average costs.
Choose the correct option showing the meaning of the Idiom highlighted in the given sentence
The team had a rough patch during the...
Fill in the blanks with the correct idiom.
Julia couldn't believe her luck when she found her favorite book on sale for a fraction of its regu...
Persuade someone gradually or gently to do something
She rejected his proposal of marriage point-blank.
...Hang in there
to hit the headlines
Put the cat among the pigeons
Break the bank
Select the most appropriate meaning of the given idiom.
Make head or tail of something
Joseph’s business partner took advantage of him by making a deal with their rival and left him high and dry .
I. Leaving ...