Author Question: Supplier power tends to be higher when a. Suppliers are concentrated b. There are high costs to ... (Read 75 times)

haleyc112

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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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Answer to Question 1

c

Answer to Question 2

d



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