Business, 18.02.2020 18:47, jmonee

There are three (3) buyers, three (3) firms, and two (2) suppliers. Any buyer’s willingness to pay for any of the three firms’ product is $20. Supplier opportunity cost are $5. Each firm can only produce one unit of a product, buyers are only interested in buying one unit at most, and suppliers can supply one unit at most. (Remember, a good way to start is to think about the number of transactions happening).1.1. What is the total value created in this industry?1.2. What is the Added Value of a supplier?1.3. What is the Added Value of a firm?1.4. What is the Added Value of a buyer?1.5. According to the value based strategy framework, what price would you expect to be charged by...: ... a supplier: price= ... a firm: price Please refer back to the information in

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There are three (3) buyers, three (3) firms, and two (2) suppliers. Any buyer’s willingness to pay f...