Buyers tend to have less power when
A) a firm has only one buyer, or a small number of buyers.
B) the products or services being sold to buyers are standard and not differentiated.
C) the supplies they purchase are an insignificant portion of the costs of their final products.
D) they are not earning significant economic profits.
C
Business
You might also like to view...
A list price is also referred to as a(n) ________
A) captive price B) bundled price C) channel price D) suggested retail price E) basing-point price
Business
Historical evidence on the returns of large portfolios of stock and bonds shows that investments with higher volatility have rewarded investors with higher returns
Indicate whether this statement is true or false.
Business