The bargaining power of a customer is weak if ________.
A)the availability of a rival product is limited
B)new entrants are offering a product that uses more recent technology
C)competitors offer products with same benefits at lower prices
D)the cost of switching to a substitute is low

Question

Quizplus · Accepted Answer

When the availability of a rival product is limited, customers have fewer alternatives to choose from, which weakens their bargaining power.

The Bargaining Power of a Customer Is Weak If ________