Q17
Buyers market exist when:
A.
few suppliers in the market
B.
buyers purchases in small volume
C.
buyers purchases in large volume
AnswerD.
product of suppliers are unique and differentiated
Answer: Option C
Solution
Answer: Option C
Solution:
Buyers market exist when buyers purchases in large volume. A buyer's market refers to a situation in which supply exceeds demand, giving purchasers an advantage over sellers in price negotiations.