The bargaining power of buyers increases when buyers earn high profits.

Name: The bargaining power of buyers increases when buyers earn high profits.
Brand: Quizplus
Rating: 4.9 (55 reviews)

Question

Quizplus · Accepted Answer

The bargaining power of buyers increases when the buyers have more options to choose from, have knowledge about the product or service, purchase large quantities, and when the product is not differentiated. High profits earned by buyers do not necessarily increase their bargaining power.

The Bargaining Power of Buyers Increases When Buyers Earn High