Question: Question 38 Select all that is true about commodities. Crude oil, gold, and electrical power are examples of commodities Firms differentiate their goods to avoid

Question 38 Select all that is true about
Question 38 Select all that is true about
Question 38 Select all that is true about commodities. Crude oil, gold, and electrical power are examples of commodities Firms differentiate their goods to avoid their products becoming commoditized Consumers are highly price-sensitive when purchasing commodities None of the above Question 39 What increases the power of suppliers? Select all that apply. Low buyer switching costs High number of suppliers, each with low market share Presence of substitute inputs None of the above MacBoo Question 40 What increases the power of buyers? Select all that apply. For commodities, consumers' ability to compare products on the Internet When there are relatively few suppliers in a market, each with a large market share When there are relatively few buyers in a market, each with a large market share None of the above D Question 41 The threat of new entrants to an industry is.... Decreased by entry barriers, increased by industry growth rate Increased by entry barriers, increased by industry growth rate Decreased by entry barriers, decreased by industry growth rate Increased by entry barriers, decreased by industry growth rate MacBook A

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