MCQOPTIONS
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| 1. |
__________ refers to the ability of buyers to bargain down prices charged by firms in the industry or driving up the costs of the firm by demanding better product quality and service |
| A. | argaining power of suppliers |
| B. | hreats of new entrants |
| C. | argaining power of buyers |
| D. | hreat of substitute products |
| Answer» D. hreat of substitute products | |