Which of the following conditions would typically enhance buyer bargaining power?

Enhancing buyer bargaining power often involves circumstances that allow buyers to negotiate better terms, and low product differentiation is a significant factor in this context. When products are not significantly different from each other, buyers can easily switch from one supplier to another without facing major challenges or costs. This lack of differentiation means that buyers have multiple alternatives and can approach various suppliers with similar products, effectively increasing their ability to negotiate prices and terms in their favor.

In scenarios where there is low product differentiation, competition among suppliers intensifies, as they strive to win over the buyers. As a result, buyers can leverage their position more effectively, pushing for discounts, better quality, or additional services. This scenario contrasts sharply with situations characterized by high switching costs, strong brand loyalty, or limited access to information, where buyers would find it more difficult to change suppliers or negotiate effectively. Each of these would either tie buyers to specific suppliers or reduce their ability to influence pricing and terms. Thus, low product differentiation stands out as a condition that explicitly enhances buyer bargaining power.