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A buyer of bakery and cereal products has tracked wheat prices.

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A buyer of bakery and cereal products has tracked wheat prices. Severe weather has reduced wheat supply globally, but demand remains high. How can this research help the buyer?

A.

Bakery produce is likely to be at a lower price as there is less wheat flour available

B.

The price for wheat-based produce will not be affected as demand is still high

C.

The buyer will be in a strong bargaining position to reduce prices

D.

The buyer will find it difficult to negotiate a lower price for wheat-based ingredients

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