Question: Time left 0 : 1 2 : 3 7 Which of the following is a difference between the bargaining power of buyers and the bargaining
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Which of the following is a difference between the bargaining power of buyers and the bargaining power of suppliers?
a A powerful buyer lower costs, while suppliers raise costs to squeeze profits out of an industry.
b Buyers have the most bargaining power in a monopoly, while suppliers need multiple product substitutes to have bargaining power.
c Only suppliers have the ability to make demands based on their power relative to that of the company.
d Buyers bargaining power can raise costs by demanding better quality, while suppliers can raise costs by providing lower quality products.
e The potential of a supplier with strong bargaining power is considered a threat, while a buyer with strong bargaining power does not pose a threat to the industry.
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