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Business, 17.07.2021 03:20 Sparkleskeepsgoing

The competitive pressures from substitute products tend to be stronger when Group of answer choices there are more than 10 sellers of substitute products. buyers are relatively comfortable with the quality and performance of substitutes, and the costs to buyers of switching over to the substitutes are low. demand for the industry's product is not very price sensitive. buyers have high psychic costs in severing existing brand relationships and establishing new ones. substitutes exhibit the latest in technological innovation.

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