when transactions involve a high degree of asset- specificity
(where the value of an investment made to support a specific
transaction is much less in its next best application) the seller
may be locked- in by virtue of her investment. which statements are
accurate
a.the seller vulnerability is usually offset to a large extent
by the that of the buyer who cannot turn readily to substitute
suppliers
b. both buyer and seller will typically work hard to make the
exchanges...