Answer:
d) the costs incurred by buyers in switching to competing brands or to substitute products are relatively high.
Explanation:
Bargaining power dictate the power that both the buyers and sellers have when influencing a deal so it goes to their favor. When the bargaining power of the buyers increase, the bargaining power of the sellers would be decreased and vice versa.
When the costs incurred by buyers in switching to other competitors are relatively high, The Sellers will have more bargaining power since they know that the buyers need to make a large economic sacrifice if they decided to not buying their products.
This means that the buyers bargaining power will become weaker, and they have to conform to the terms set by the sellers.
Which answer choice BEST completes the analogy
Jomo Kenyatta:Kenya
A. Martin Luther King Jr: United States
B. Patrice Lumumba Nigeria
C. Nelson Mandela : South Africa
D. Charles Mercer: Liberia
Answer:
Lumber Industry - The wood industry or lumber industry is the industry concerned with forestry, logging, timber trade, and the production of primary forest products and wood products (e.g. furniture) and secondary products like wood pulp for the pulp and paper industry.
Oil Industry - Oil and natural gas are major industries in the energy market and play an influential role in the global economy as the world's primary fuel sources. The processes and systems involved in producing and distributing oil and gas are highly complex, capital-intensive, and require state-of-the-art technology.
<em><u>hyper inflation was a condition when the prices of good riced higher more than the money. this condition was called hyperinflation</u></em>
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<em><u>THE ANSWER WAS TRUE...............</u></em>
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<em><u>JUST ADDED SOME ADDITIONAL INFORMATION SO THAT IT HELPS U IN SST EXAM</u></em>
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<em><u>BEST OF LUCK!!!!!!!!!!!!!!!!!!!</u></em>
the answer is all of the above :) hope this helps!!
