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- Jul 2021
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nts2.ximb.ac.in nts2.ximb.ac.in
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Powerful suppliers, including suppliers of labor, can squeeze profi tability out of an industry that is unable to pass on cost increases in its own prices.
Suppliers with bargaining power can squeeze the profitability out of an industry by raising prices on industry participants that cannot pass on cost increases in their own prices.
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