If There Are Few Buyers and Many Sellers, the Bargaining

question 35

Multiple Choice

If there are few buyers and many sellers, the bargaining power of buyers is _____, and the bargaining power of suppliers is:

• A) high; high.
• B) low; low.
• C) high; low.
• D) low; high.

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Definitions:

Memory Strategies

Techniques or methods utilized to enhance the ability to retain and recall information.

Key Points

The main or most important ideas or elements of a discussion or topic.

Mnemonic Device

A tool that helps remember information, using patterns of letters, ideas, or associations.

Periodic Table

A tabular arrangement of the chemical elements, organized on the basis of their atomic numbers, electron configurations, and recurring chemical properties.