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ABC Company Supplies Milk to Retail Customers in the U

Question 24

Multiple Choice

ABC Company supplies milk to retail customers in the U.S. There are many sellers offering milk and price is a major determinant of market success. Which of the following predictions about ABC Company is most likely to be true?


A) It will have strong control over its suppliers.
B) It will be in a position to dictate terms with the buyers.
C) It will have to face powerful buyers.
D) It will have strong control over the market.

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