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Business, 02.11.2019 05:31 dashavasilisk
Apple's dominance of smartphone and tablet markets has allowed the firm to lock up 60 percent of the world's supply of advanced touch-screen displays, and to do so with better pricing than would be available to smaller rivals. this is an example of:
a. network externalities that make apple valuable.
b. high switching costs for suppliers.
c. a complex tech product establishing itself as a killer brand.
d. a growing firm gaining bargaining power with its suppliers.
e. low search costs associated with a famous brand.
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