Multiple Choice
A new drug that has shown promise in curing lung cancer has been discovered by a famous chemical laboratory.This is the only drug effective for treatment of this disease.The laboratory obtains a patent for the product and decides to sell it.This situation is characterized by ________.
A) low threat of substitutions
B) high bargaining power of customers
C) high threat of new entrants
D) low bargaining power of suppliers
Correct Answer:

Verified
Correct Answer:
Verified
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