Which of the Following Is a Difference Between the Bargaining

question 47

Multiple Choice

Which of the following is a difference between the bargaining power of buyers and the bargaining power of suppliers?

• A) A powerful buyer lower costs, while suppliers raise costs to squeeze profits out of an industry.
• B) Buyers have the most bargaining power in a monopoly, while suppliers need multiple product substitutes to have bargaining power.
• C) Only suppliers have the ability to make demands based on their power relative to that of the company.
• D) Buyers bargaining power can raise costs by demanding better quality, while suppliers can raise costs by providing lower quality products.
• E) The potential of a supplier with strong bargaining power is considered a threat, while a buyer with strong bargaining power does not pose a threat to the industry.

---

Definitions:

Psychological Effects

Pertains to the impact of various factors on an individual's mental health and well-being.

Physical Effects

Observable impacts on the body resulting from various causes, such as exercise, diet, or substance use.

Alcohol

A chemical compound, specifically an ethanol, which is a psychoactive substance commonly found in drinks like beer, wine, and spirits and can alter mood and behavior.

Problems Associated

Refers to issues, challenges, or complications that are connected or linked with a particular subject, situation, or condition.