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When a Particular Item Is in Short Supply Accompanied by Rising

Question 7

Multiple Choice

When a particular item is in short supply accompanied by rising prices, a firm might find it beneficial to:


A) Discontinue buying the product and focus more on cheaper products.
B) Align itself with one of the suppliers to ensure a continued supply of the scarce item.
C) Purchase the item from a manufacturer who cuts corners and provides a product below market price.
D) All of these

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