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CIPS Ethical and Responsible Sourcing L4M4 Question # 22 Topic 3 Discussion

CIPS Ethical and Responsible Sourcing L4M4 Question # 22 Topic 3 Discussion

L4M4 Exam Topic 3 Question 22 Discussion:
Question #: 22
Topic #: 3

If a commodity index shows that the price of a commodity is continually rising, what does this indicate about the market?


A.

that there is little demand in the marketplace


B.

demand is exceeding supply


C.

there is a threat of substitution


D.

the marketplace is a monopoly


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