The customers of a grocery store have high bargaining power since they each may spend thousands of dollars a year at the store.

Name: The customers of a grocery store have high bargaining power since they each may spend thousands of dollars a year at the store.
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Question

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The bargaining power of customers is not solely determined by their spending but also by factors like the availability of alternatives, the uniqueness of the store's offerings, and the overall market competition.

The Customers of a Grocery Store Have High Bargaining Power