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If apple, which controls over 75 percent of digital music sales, was able to dictate song pricing for years, this implies that: Companies with strong network effects tend to enjoy substantial bargaining power over partners.
<h3>What is bargaining power?</h3>
Bargaining power can be defined as the way in which a company tend to have the ability to negotiate than another company in which the company with the best negotiation power tend to win the deal in which both companies are negotiating on.
This scenario best illustrate bargaining power which is what makes it possible for apple to have control over seventy five percent of digital music sales.
Therefore we can conclude that apple have strong bargaining power over others companies.
Learn more about bargaining power here: brainly.com/question/3169605
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The government can be used to solve externality problem that are to costly for parties to solve THE ANSWER IS TRUE
Answer:
A
Explanation:
Because as per time the value of money the future cash holds are discounted at discount rate yo find the present Worth, thus the higher value of early present cash flows creates higher present value compared to lower value of early cash flows
Answer: True
Explanation:
As the proverbial 'Global policeman', the U.S. enacts sanctions on countries that it believes are acting in a way that is not beneficial to her own people or the plant at large.
This includes human rights abuses, poor labor standards and environmental standards amongst others. These sanctions are meant to hurt the sanctioned country so that they right their wrongs. Countries such as Burma are under trade sanctions due to their poor human rights record in dealing with Rohingya Muslims.
