A company's _____ determines its bargaining power. More bargaining power is held when _____.
A)opportunity cost; its next best alternative is better than its rival's
B)current situation; market demand is growing
C)market equilibrium; price is higher than quantity
D)profit margin; the firm is more profitable than rivals

Question

Quizplus · Accepted Answer

A company's bargaining power is influenced by its opportunity cost, as having a better next best alternative than its rivals gives it leverage in negotiations.

A Company's _____ Determines Its Bargaining Power