(Solved): Question 43 (2 points) Buyers are more likely to be powerful relative to the firms from which they p ...

Question 43 (2 points) Buyers are more likely to be powerful relative to the firms from which they perchase goods and services if: there are relatively few firms supplying the indestry compared to the number of boyers. the good or service purchased by the buyers represents a high percestrge of the boyer's costs. the industry's goods of services are highly differentiated. buyers face high switching costs in changing vendors. the good or service is of significant importane to the guality of prive of the toyer's offerings.