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Question: your plastic production plant sources raw materials from a supplier...

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Your plastic production plant sources raw materials from a supplier which transports things like cellulose, crude oil, etc. to be used to make plastic products. Because the supplier is geographically nearby, you are unwilling to switch to a different supplier due to savings from low transportation cost with current supplier. This is an example of

Site specificity

Physical asset specificity

Transportation specificity

Dedicated asset

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