Negotiation between the buyer and seller of a new ski-boat is an example of:
A)consumer-producer rivalry.
B)consumer-consumer rivalry.
C)producer-producer rivalry.
D)none of the statements associated with this question are correct.

Question

Quizplus · Accepted Answer

Negotiation between the buyer and seller of a new ski-boat is an example of consumer-producer rivalry because the buyer and seller are on opposite sides of the transaction and have different goals. The buyer wants to get the lowest price possible, while the seller wants to get the highest price possible.

Negotiation Between the Buyer and Seller of a New Ski-Boat