Author Question: To decrease buyer power, the firm can a. Differentiate its product b. Decrease dependency on a ... (Read 65 times)

anshika · **on:** Jul 1, 2018

To decrease buyer power, the firm can
a. Differentiate its product
b. Decrease dependency on a single buyer
c. Sell its products in locations with multiple buyers
d. All of the above

Question 2

The following is not an example of risk aversion
a. you lock your garage when you have expensive workshop tools
b. you are more careful when you buy a more expensive car
c. Individuals tend to gamble more with their money when the future is certain
d. you only go swimming when the lifeguard is not on duty