Walmart's purchasing power enables the firm to benefit from economies of scale and receive volume discounts from suppliers.

Name: Walmart's purchasing power enables the firm to benefit from economies of scale and receive volume discounts from suppliers.
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Walmart's large-scale operations allow it to purchase goods in bulk, which often results in cost savings due to volume discounts offered by suppliers. This is an example of economies of scale.

Walmart's Purchasing Power Enables the Firm to Benefit from Economies