Final answer:
For Bubba's Bait and Beer, the value chain starts with the suppliers who provide Bubba with the necessary materials and ends with the customers who purchase Bubba's products, making 'A. Supplier, customer' the correct answer.
Step-by-step explanation:
The value chain for a business typically starts with the supplier and ends with the customer. For Bubba's Bait and Beer, the value chain would commence with Bubba's acquisition of materials or supplies necessary for his business (e.g. bait, beer, etc.), which he gets from his suppliers. The value chain would conclude when Bubba sells his products or services to his customers, who visit his establishment for their needs.
Therefore, the correct answer to the question 'The value chain for Bubba's Bait and Beer, starts with Bubba's _________ and ends with his ___________.' is A. Supplier, customer.