A market that has many sellers and one or few buyers is likely to be:
A)market neutral.
B)seller-biased.
C)buyer-biased.
D)both seller- and buyer-biased.

Question

Quizplus · Accepted Answer

In a market with many sellers and one or few buyers, the buyers have the advantage of being able to negotiate lower prices and better terms due to the high supply and low demand. Therefore, the market is likely to be buyer-biased.

A Market That Has Many Sellers and One or Few