Assume Diana Buys Computers in a Competitive Market

question 4

Multiple Choice

Assume Diana buys computers in a competitive market.It follows that

• A)Diana has a limited number of sellers to turn to when she buys a computer.
• B)Diana will find herself negotiating with sellers whenever she buys a computer.
• C)if Diana buys a large number of computers,the price of computers will rise noticeably.
• D)None of the above is correct.

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Definitions:

Physical Supply

The actual, tangible products and raw materials available in the market or held by a company.

Internal Balancing

A strategy where a state increases its own power in order to counter the power of potential adversaries.

Inventory Flexibility

The ability of a supply chain to quickly adjust its inventory levels in response to shifts in demand, product variety, and market dynamics.

Random Variation

The unpredictable fluctuations or differences that can occur within any process or set of data due to chance.