Supplier power tends to be lower when​

A) ​Suppliers are concentrated
B) There are high costs to switching between suppliers
C) Both A&B
D) ​None of the above

Supplier Power

The influence that suppliers have over the price and quality of goods and services, often determined by the number of suppliers in the market.

Switching Costs

The costs associated with changing from one product, service, or supplier to another, including financial, effort, and time expenses.