<em> In the business buying process, the buyer and seller are </em><u><em>often dependent on one another. </em></u>
<u>Explanation:</u>
The buyer and seller are equally dependent on one another. As the seller will sell products only based on the <em>demand in the market and the amount of products</em> that are required in the market.
The Buyer will purchase the product which is available in the market hence depending on the <em>buyer and vice versa.</em>
Purchasing power is related to real income and not to nominal income. Even though workers had a $10 increase in their average nominal income, due to the effects of inflation, that increase does not necessarily reflect an improve in purchasing power.
