CIPS L4m5 Commercial Negotiation · Free Practice Question Easy
Question 13
What is a true characteristic of a monopolistic market?
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A
The supplier faces stronger bargaining pressure from the buyer
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B
There are no close substitutes in the market
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C
More than two players provide the products to the market
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D
There are very low barriers to the market
Reveal correct answer
Correct answer: B
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