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32 1 pts Soapsuds Inc., a manufacturer of cleaning agents, supplies its products to All Needs Inc., a supermarket chain. It demands that All Needs

32 1 pts Soapsuds Inc., a manufacturer of cleaning agents, supplies its products to All Needs Inc., a supermarket chain. It demands that All Needs create more shelf space in its stores for Soapsuds' products. However, All Needs Inc. refuses to do this. Instead, it decides to produce its own range of cleaning agents with its own label "All Wash." In this scenario, All Needs Inc. has exercised its bargaining power as a buyer through: crowdsourcing product differentiation backward vertical integration forward vertical integration Question 33 The relative bargaining power of suppliers is high when: incumbent firms face low supplier switching costs. incumbent firms can credibly threaten to backward integrate into the industry. suppliers depend heavily on the industry for a large portion of their revenues. suppliers provide products that are differentiated. 1 ptsimage text in transcribed

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