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For a Firm,reduced Prices,need for Increased Quality,and Demand for More

Question 98

Multiple Choice

For a firm,reduced prices,need for increased quality,and demand for more services would result due to ________.


A) threat of substitute products from other industries
B) customers' bargaining power
C) high threat of new entrants into the market
D) traditional rivals within the industry
E) increase in suppliers' bargaining power

Correct Answer:

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