Question: The first U . S . blood bank was established in 1 9 3 6 . Blood donors are the main sources of supplies to

The first U

.

.

blood bank was established in

1936 .

Blood donors are the main sources of supplies to blood banks, which makes blood banks highly dependent on donors. In the context of the industry analysis, identify the most accurate statement.

Group of answer choices

Blood donors are suppliers and are powerful because of the critical nature of what they provide to the blood bank

Blood donors are suppliers and are powerful because of their concentration relative to the blood bank

Blood donors are buyers and are not powerful because switching costs to change to alternative inputs are low

Blood donors are buyers and are powerful because of the volume of blood needed

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