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Which of the following describes the high bargaining power that Boeing (manufacturer of airplanes) has over airlines such as Delta and Southwest? Group of answer
Which of the following describes the high bargaining power that Boeing (manufacturer of airplanes) has over airlines such as Delta and Southwest? Group of answer choices Airline customers (i.e. you and I) cannot credibly threaten to backward integrate into the airline industry The airlines have many substitutes to choose from and therefore do not depend on airplane manufacturers Airline customers are price sensitive and shop primarily on price The airplane manufacturing industry is more concentrated than the airline industry
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