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If a Business Is a Large Purchaser of a Commodity

Question 4

Multiple Choice

If a business is a large purchaser of a commodity product (less important to the buyer) and is in an industry in which switching costs are low,generally the supplier power ________.


A) is low
B) is high
C) is greater than customer buying power
D) is equal to customer buying power
E) is likely to increase with a decrease in switching costs

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