All of the following are the characteristics that determine if the power of the buyers is high EXCEPT:
A) concentration of buyers.
B) a large number of buyers purchasing about half or more of the industry's output.
C) impact of goods from the industry on buyers' output.
D) ability to switch among different suppliers in the industry.

Question

Quizplus · Accepted Answer

A large number of buyers purchasing about half or more of the industry's output actually disperses buying power, rather than concentrating it, which would decrease the power of buyers rather than increase it.

All of the Following Are the Characteristics That Determine If