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Answer the questions below using the attached textbook chapters
Question 1 (Chapter 2):
Identify an industry in which the suppliers have strong bargaining power and another industry in which the buyers have most of the bargaining power. How does this affect potential profitability in the industries?
Question 2 (Chapter 3):
Using the college below as an example, explain how political-legal and economic forces have affected its operations over the past decade.
Louisiana Christian University
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