You live in a small town with only one large retailer. This means there is low ______.
A) buyer power
B) supplier power
C) threat of new entrants
D) threat of substitutes

Question

Quizplus · Accepted Answer

Buyer power is low because consumers have limited choices and must rely on the single large retailer for their purchases, reducing their ability to influence prices or demand better services.

You Live in a Small Town with Only One Large