3 years ago

True or False: Suppliers do not care about market price since they do not directly set them

History

1 answer:

Ket [755]3 years ago

3 0

Answer:

false

Explain:

For certain categories, suppliers will determine their pricing by how much they predict that a certain buyet is willing to pay. If the buyer appears to not be too concerned with pricing, the supplier will often inflate it's markup.

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