Consumer-consumer rivalry: » MCQ Academy English

Managerial Economics

Consumer-consumer rivalry:

Increases the negotiating power of consumers in the market place
Reduces the negotiating power of producers in the market place
Reduces the negotiating power of consumers in the market place
Increases the likelihood of government intervention in the market place

Note

Consumer-consumer rivalry Reduces the negotiating power of consumers in the market place.

Tags: Fundamentals of Managerial Economics

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