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Reduced Prices,need for Increased Quality,and Demand for More Services from a Firm

Question 20

Multiple Choice

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


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

Correct Answer:

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