Fill in the correct labels for the following figure using the word bank below.
-C ___________
Definitions:
Buyer Interaction
The dynamics and exchanges between buyers in a market, which can influence price, demand, and supply conditions.
Monopsony Power
Refers to a market situation where there is only one buyer for a particular product or service, giving that buyer significant control over prices and terms.
Outside Suppliers
External entities or companies that provide goods or services to another company, often playing a critical role in supply chains.
Equilibrium Wage
The salary level at which the supply and demand for workers are equal.
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