what-effect-does-bargaining-power-have-on-the-final-trade-price

Question

What effect does bargaining power have on the final trade price?

Accepted Answer

A stronger negotiator can secure a trade price more favorable to them.

Answer

A weaker negotiator can secure a trade price more favorable to them.

Answer

Negotiation has no impact on the trade price.

Answer

Bargaining power only affects the quantity traded, not the price.