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When buyers are in a weak bargaining position, companies in the supplying industry must lower their prices to increase profits. True/False

When buyers are in a weak bargaining position, companies in the supplying industry must lower their prices to increase profits. True/False
asked 45.4k views
2 votes
When buyers are in a weak bargaining position, companies in the supplying industry must lower their prices to increase profits.

True/False

asked
User Lauris
by
7.7k points

1 Answer

2 votes

Answer:

The statement is FALSE

answered
User Msallin
by
8.8k points
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