<h2>suppliers and buyers with strong bargaining power is the odd one out here.</h2>
Explanation:
An attractive industry should be characterized by
- high entry barriers
- suppliers and buyers with less bargaining power
- low threats from substitute products
- low rivalry among firms
Only the above listed characteristics can provide the best profit and make the industry attractive.
- If the suppliers and buyers have strong bargaining power, then the industry will have only very less profit, since the bargaining power is more.
- Even if either a buyer or a supplier is strong enough to bargain it will lead to less profit only or in simple terms a loss to the industry.
Answer:
The Legal Tender Act allowed the government to print $150 million in paper money that was not backed by a similar amount of gold and silver. ... The government was able to pay its bills and, by increasing the money in circulation, the wheels of Northern commerce were greased.
Explanation:
Answer:
sunk costs
I'm assuming this is multiple choice, but since you haven't provided any of the options I dont know if this will be correct.
Explanation:
Answer:
a. Gain
b. Lose
Explanation:
a. The consumers in Importing country will gain in a perfect competition because imports by the country will increase the variety of products available and in a perfect competition every seller have the equal chance to sell its goods, so in order to increase sales the sellers may reduce prices which will result in a gain for the consumers.
b. The consumers in exporting country will lose in a perfect competition because the country is exporting the goods to another country and so the country exporting the goods will be left with limited goods and due to equal demand the prices will remain same or may increase if demand is increased which will result in a loss for the consumers of goods in a exporting country.
