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Which one of the following is less likely to indicate lower supplier power on incumbent firms in an industry? (a) Incumbent firms engage in backward

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Which one of the following is less likely to indicate lower supplier power on incumbent firms in an industry? (a) Incumbent firms engage in backward integration. (b) Incumbent firms have high pricing power. (c) Incumbent firms cannot easily change their suppliers. (d) Incumbent firms sell premium-priced products

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