Question
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 thatSolution
The reason behind is that there are economies of scale in retail sales. Because the large is the firm, the lower are average costs.
- Six persons U, V, W, X, Y and Z live on six different floors of a six storeyed building such that bottommost floor is numbered as 1, the floor immediately ...
Seven persons namely A, B, C, K, L, M and N are sitting in a row facing north, then who sits second to right of C?
I) Â Two persons sit betwee...
How many female members are there in family of ten members?
Statement I: Z is only son of Y, who is son-in-law of B. W is only daughter of C. L...
P, Q, R, S and T are sitting in a row facing south. Who among the following sits exactly in the middle of the row?
I. T sits second from the left...
Six persons P, Q, R, S, T and U sitting in a row facing north. Who among the following sits third from the right end?
I.Q sits at an extreme en...
Seven players J, K, L, M, N, O, and P scored different runs in a match. At least three players scored more than 56 runs. Who scored the highest run?
How is S related to V?
I. S’s father T is brother of U. U is V’s wife.
II. S is son of T. T is sister of V. U is V’s w...
A is in which direction with respect to B?
I. A and B start walking from the same point in opposite directions and after walking 5 kms each, both...
Among six persons F, G, H, I, J, and K, who is second tallest?
I. F is shorter than only two persons and I is taller than only J.
II....
In which direction is the dog with respect to his kennel?
I. The dog runs towards his master who is standing towards the left of the kennel of...