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    Exam 5: Business-level Strategy: Creating and Sustaining Competitive Advantages
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    A Low-Cost Position Permits Buyers to Exert Power to Drive
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A Low-Cost Position Permits Buyers to Exert Power to Drive

Question 84

Question 84

Multiple Choice

A low-cost position permits buyers to exert power to drive ________ prices only to the level of the next most efficient producer.


A) up
B) down
C) increasing
D) decreasing

Correct Answer:

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