If a supplier has a limited number of buyers, then the ________.
A) regulators will have less power
B) suppliers will have more power
C) manufacturers will have unlimited power
D) buyers will have more power

Question

Quizplus · Accepted Answer

If a supplier has a limited number of buyers, then the buyers will have more power as they have the ability to dictate terms and negotiate prices with the supplier. This is because the supplier is dependent on a small pool of buyers for their business, giving buyers more bargaining power. Therefore, choice D is the correct answer. The other choices are not relevant or untrue in this scenario.

If a Supplier Has a Limited Number of Buyers, Then