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How many competitors existed in the electric vehicle industry in2016? How many competitors exist now in 2022 of the time period? What happened to cause
- How many competitors existed in the electric vehicle industry in2016? How many competitors exist now in 2022 of the time period? What happened to cause this change?
- What is the concentration ratio( Ch 11) at the beginning and the end of the period?
- What is the level of market power for each competitor? How does it change during this period? Why?
- Ultimately, what market structure do you believe this industry to be and why?
- You must describe this real-world industry in relation to the characteristics of market structures (Ch 11)to make this determination. Again, has this changed from the beginning to the end of the time period?
- Why? What caused the changes?
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