Question

A Wal-Mart in Lawrenceville, Georgia, would be considered which type of market?

Answer 1

Answer:

A Wal-Mart in Lawrenceville, Georgia,  is both a Factor and a Product Market,

Explanation:

Wal-Mart is a multinational retail company that runs a chain of stores in the United States and abroad. It has its headquarters in Bentonville, Arkansas, It was founded by Sam Walton in 1962. The retail giant has stores in 50 states.

A Wal-Mart in Lawrenceville, Georgia, would be considered a Factor and Product Markets, this is due to the fact that  goods, services and resources are sold in their stores.