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4 votes
True or False: Suppliers do not care about market price since they do not directly set them

asked
User Albanx
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1 Answer

8 votes

Answer:

false

Explain:

For certain categories, suppliers will determine their pricing by how much they predict that a certain buyet is willing to pay. If the buyer appears to not be too concerned with pricing, the supplier will often inflate it's markup.

answered
User Mohammed Awney
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8.1k points

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