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Business Studies

Primary Markets

What restrict...

Question

What restricts the purchasing power of buyers from Super markets?

A

No credit facility.

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B

No personal attention.

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C

Huge operating costs.

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D

None of these.

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Solution

The correct option is A No credit facility.
Buyers' power refers to the pressure buyer can exert on businesses by raising prices, lowering quality, or reducing the availability of their products. Furthermore, a strong buyer can make an industry more competitive and decrease the profit potential for the buyer.

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