Author Question: Supplier power tends to be low when a. Suppliers are less concentrated b. Inputs provided by the ... (Read 92 times)

sdfghj · **on:** Jul 1, 2018

Supplier power tends to be low when
a. Suppliers are less concentrated
b. Inputs provided by the supplier are not vital
c. Inputs are homogenous
d. All the above

Question 2

Adverse selection in insurance implies that
a. all people face the same risk
b. potential customers facing more risk are no more interested in purchasing insurance
c. people are not risk averse
d. insurers cannot tell the risk levels that different individuals face