On my econ test today, we were supposed to explain the reason why Wal-Mart was selling less of a product than a local grocery store…
I stated the assumption that Wal-Mart always has the lowest price, and therefore it wasn’t because it was too expensive. That’s kind of wrong, considering we are comparing prices and quantities in these two stores, obviously. BUT. It’s also true that Wal-Mart is always the lowest prices! And if it’s not, they match it! So. It’s a fair assumption to make, I’d say.
Hopefully my teacher sees my humor.
Maybe I’ll just get an F.