Which factor would make it difficult for Ontario peach suppliers to collude?
A) only a few suppliers
B) each supplier having the same costs
C) buyers of peaches having very little bargaining power since peaches are homogeneous
D) only a few buyers of peaches

Question

Quizplus · Accepted Answer

The presence of only a few buyers of peaches would make it difficult for Ontario peach suppliers to collude because the buyers would have more bargaining power in this scenario. If there were many buyers, the suppliers could easily shop around and find someone willing to pay their desired price. However, with only a few buyers, the suppliers would have less leverage and would be less likely to be able to collude effectively.

Which Factor Would Make It Difficult for Ontario Peach Suppliers