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Author Question: Which of the following will improve your supplier contracting bargaining position a. You have a ... (Read 22 times)

sarasara

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on: Jul 1, 2018
Which of the following will improve your supplier contracting bargaining position
 a. You have a policy of always excluding at least one potential competing supplier
  b. You have a policy of increasing product options by never excluding a potential supplier
  c. Two of your suppliers merge
  d. Your final product that includes this component becomes more profitable

Question 2

A firm's marginal revenue is defined as:
 a. the ratio of total revenue to total quantity produced.
  b. the additional output produced by lowering price.
  c. the additional revenue received due to technical innovation.
  d. the additional revenue received when selling one more unit of output.


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Ksanderson1296

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

a

Answer to Question 2

d


sarasara

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

flexer1n1

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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