Question

In contemplating the launch of her seafood​ restaurant, Paige Graham concluded that suppliers of seafood had an advantage in bargaining power over restaurant owners in her market.​ Paige's conclusion is likely to have happened because there were​ __________ suppliers to provide a critical product to a large number of restaurants.

A. a fair number of
B. several
C. a moderate number of
D. only a few
E. many

Answer 1

D) Only a few

Step-by-step explanation:

Bargaining power is the general intensity of gatherings in a circumstance to apply impact over one another. When the two parties are on an equal balance in a discussion, at that point, they will have the same dealing power, for example, in a splendidly aggressive market or between a uniformly coordinated restraining infrastructure and monophony.

The fundamental capacity of the worker's guilds is to ensure the monetary and non-financial interests of laborers through productive projects, and aggregate bartering is a major requirement to accomplish that target through arrangements with the businesses.