There is a limited number of suppliers who are able to offer a specific medical device to a few hospitals that are in need of such a differentiated product. Yet, these suppliers are thinking about leaving the market, as they only make a minor portion of their revenue with the medical devices. This would leave the hospitals in a position where they may struggle to find other suppliers that can deliver similar high-quality products. In such case...

a.

The bargaining power of buyers is high

b.

The bargaining power of suppliers is high

c.

The entry barriers for new entrants are low

d.

The bargaining power of suppliers is low

e.

The threat of substitutes is high