What happens when there are only a few large customers in the market?
A)They keep changing their tastes, fads, and fashions.
B)They drive down the price of the output through bargaining.
C)They tend to be referred to as "stuck in the middle."
D)They start concentrating on a single industry.

Question

Quizplus · Accepted Answer

When there are only a few large customers in the market, they have significant bargaining power and can drive down the price of the output by negotiating better terms with suppliers.

What Happens When There Are Only a Few Large Customers