What can be inferred about the bargaining power of buyers in a luxury sunglass market?

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The bargaining power of buyers in a luxury sunglass market is low due to the high-priced products. In luxury markets, the unique positioning of products often means that they cater to a niche clientele who values exclusivity and aesthetics over price. Because these products are premium and differentiated, customers are less likely to negotiate or demand lower prices, as the perceived value justifies the cost. Additionally, high levels of brand loyalty and the emotional connection consumers have with luxury brands further reduce their bargaining power. They are often willing to pay a premium for products they perceive as status symbols or high-quality accessories.

In this context, the other options do not account for the dynamics of luxury markets effectively. The availability of products does not necessarily grant buyers higher bargaining power, especially if those products are unique or limited in supply. The notion that buyers have no bargaining power is unrealistic in any market, and while varying bargaining power between brands might occur in different contexts, in the luxury segment, the low bargaining power of buyers is a more accurate inference.

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