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In class, we studied Porter's Five Forces. We came to the conclusion that we would expect to see higher levels of industry profits under certain
In class, we studied Porter's Five Forces. We came to the conclusion that we would expect to see higher levels of industry profits under certain market conditions. Please select these conditions based on the answer choices below. A. If buyers in this market have higher levels of bargaining power relative to firms in this market. B. If suppliers in this market have higher levels of bargaining power relative to firms in this market. C. If buyers in this market have plenty of opportunities to evaluate substitute products. D. If barriers to entry into the market are high
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