If the Buyers Are Concentrated and They Buy from a Large

question 71

True/False

If the buyers are concentrated and they buy from a large number of suppliers, then the bargaining power of buyers is increased.

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Definitions:

Routine Request

A standard or common request made in a professional setting, often for regular operations or procedures.

Explain

To make something clear or easy to understand by describing or giving information about it.

Justify

To provide valid reasons or evidence to support an argument or action.

Claim

A statement made about something, usually without providing evidence or proof, often requiring verification.