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Which of the following is an example of hold-up? Group of answer choices: A supplier builds a factory specifically to manufacture a good for a
Which of the following is an example of hold-up?
Group of answer choices:
A supplier builds a factory specifically to manufacture a good for a customer, and then the customer threatens to back out of the contract unless the supplier makes additional investments in the factory..
None of the options are examples of hold-up.
Both of these options are examples of hold-up.
A supplier promises a low price to a customer, then asks for a higher price once the customer cannot afford to lose the time it would take to find a new supplier.
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