Buyers tend to be price sensitive when they can switch from one supplier to another without incurring additional costs.

Name: Buyers tend to be price sensitive when they can switch from one supplier to another without incurring additional costs.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

When buyers can switch suppliers easily and without additional costs, they are more likely to be sensitive to price changes, as they can choose the supplier offering the best price.

Buyers Tend to Be Price Sensitive When They Can Switch