Answer:
False
Explanation:
It is way more expensive to die in Miami than it is to die in Oregon if we are to follow the allocation of resources. The cost of living in Oregon has been saif to cheaper than the cost of living in Miami by about 5%. If Oregon is cheaper than Miami in this regard, then it will be less expensive to die in Oregon than to die in Miami, hence the answer to the question being False.
Answer:
Your answer is D) The second continental congress sent the Olive Branch Petition to King George III.
Explanation:
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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.