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DrStone Wanted to Get a Good Deal on a Laser

Question 32

Multiple Choice

Dr.Stone wanted to get a good deal on a laser which would help him in providing sight-correcting surgeries.He soon found out that prices were not very negotiable.This might be due to the fact that


A) the bargaining power of suppliers is high because there are so few of them.
B) the industry is heavily regulated by the government.
C) supply exceeds demand.
D) laser manufacturing companies are not allowed to discount their products.

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