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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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