The basic trade-off to be considered by the supplier with production capacity is between
A) committing to an order from a high-price buyer or waiting for a lower price buyer to arrive later on.
B) committing to an order from a lower price buyer or waiting for a high-price buyer to arrive later on.
C) allowing the market to be controlled by price or capacity.
D) having marketing or operations establish the constraints within which orders are accepted.
Answer: B
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