Supplier power tends to be low when
a. Suppliers are less concentrated
b. Inputs provided by the supplier are not vital
c. Inputs are less differentiated
d. All the above
d
Economics
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A local forest provides habitat for deer that are harvested by hunters. The hunters receive what type of benefit in this case?
a. Direct use value b. Indirect use value c. Option value d. Bequest value e. Existence value
Economics
The number of logging firms increases. Which of the figures above best illustrates this change?
A) Figure A B) Figure B C) Figure C D) Figure D E) Figure A and Figure D
Economics