Which of the following is likely to lead to weaker bargaining power for buyers?

Question: Which of the following is likely to lead to weaker bargaining power for buyers?

  • Buyers are unaware of the prices fellow buyers are paying
  • Buyers are concentrated
  • Buyers may backward integrate
  • Buyers face low switching costs

Answers: Buyers are unaware of the prices fellow buyers are paying

Conclusion of Which of the following is likely to lead to weaker bargaining power for buyers?

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