Answer Happy

Question 16 We can say that suppliers have strong bargaining power when: A Substitute products are readily available. (B) Suppliers are able to raise their prices even though buyers object and costs haven't risen. (C) Suppliers are able to eliminate all switching costs. D All of the above E None of the above. Question 17 A firm can increase profits by all of the following EXCEPT: A) Delivering products whose quality few can match. (B) Producing products with many close substitutes. C) Serving a market segment other firms can't. (D) Obtaining a patent for its product. (E) Creating value that customers want and are willing to pay for. 3 Points 3 Points