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Author Question: Supplier power tends to be higher when a. Suppliers are concentrated b. There are high costs to ... (Read 68 times)

haleyc112

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on: Jul 1, 2018
Supplier power tends to be higher when
 a. Suppliers are concentrated
 b. There are high costs to switching between suppliers
  c. Both A&B
 d. None of the above

Question 2

To attract more aggressive bidding in a common-value auction, as an auctioneer, you should
 a. Release no information about the item
 b. Do not let the bidders examine the item closely
 c. Do not release any adverse information about the item
 d. Release maximum information about the item, even if it is adverse


vish98

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Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

d


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