Which factor would make it difficult for Georgia peach suppliers to collude? Select one: a. only...
Which factor would make it difficult for Georgia peach suppliers to collude?
Select one:
a. only a few suppliers
b. only a few buyers of peaches
c. buyers of peaches having very little bargaining power since peaches are homogeneous
d. each supplier having the same costs
Homework Answers
Ans is B
when there are few buyers then on the contrary buyer can also collude which gives buyer the monopsony power.
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Which factor would make it difficult for Georgia peach suppliers
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