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Generally, how does the number of buyers affect buyer power? A. When there are many buyers,...

Generally, how does the number of buyers affect buyer power?

A. When there are many buyers, buyer power is high.

B. When there are few buyers, buyer power is low.

C. Buyer power is difficult to determine looking at the number of buyers.

D. Where there are few buyers, buyer power is high.

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Answer #1

"D"

When there are few buyers, buyer power is high. i.e. if there are few buyers in market will make the buyers concentrated that will increase the buyers power.

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