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How can a sari-sari store compete with other sari-sari stores?

Anonymous

∙ 15y ago

Updated: 4/28/2022

I would tell you but then i would be out of business, so sarri sarri.

Wiki User

∙ 15y ago

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Q: How can a sari-sari store compete with other sari-sari stores?

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Continue Learning about Economics

What is a near monopoly?

A monopoly is when one store has an important piece of merchandise that no other store has, so they increase the price on that product thus making more money than the other stores. This is now illegal in the U.S

What impact does online shopping have on traditional stores and shopping mall?

Shopping online does not give the stores the opportunity to let you try things on or even see if they look good on you. By shopping online, customers may not see other items that they would purchase if they were in the store. Online shopping also affects the other stores in the mall. By shopping online, the customer may only go to that one store's web site. If they went to the mall, they would go into several stores.

What is retail store?

a store that sells clothing, accessories, or other needs

Is a monopoly an exlcusive control of goods or services in a market?

A monopoly is a corporation, that controls an area of trade if a store opens up, and sells items for less than the other stores like it, but the same brands, people will stop shopping at the other stores, and shop at the new one. eventually, the old stores are driven out of business, and the new one is the only remaining store. now, since it is the only place to get the items from, the prices go up, because now you have to shop there because it is the only store like it around. you cant shop somewhere else, because there is no other shops. this is called monopolization, and is illegal.

Why would a store be willing to lose money on a loss leader item?

The way stores do that trick is that they jack up the prices on the other items in the store to make up for the loss. That's why people say "There's no such thing as a free lunch."

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What example of independent store?

SArisari store =))

Will video stores be around 10 years from now?

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Is there a discount dental store in Milwaukee, WI?

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