| 单词 | buyer concentration |
| 释义 | buyer concentration buyer concentration noun [C,U]
(Economics ) the extent to which a large percentage of an industry's products are bought by only a small number of buyers: High buyer concentration (= only a few buyers) increases buyers' bargaining power. The lower the buyer concentration (= the more buyers there are) the better it is for your industry.
❖ to increase/reduce buyer concentration |
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