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__________ is a concept that refers to the extent to which large firms dominate an industry. Buyers and suppliers will typically have more bargaining power
__________ is a concept that refers to the extent to which large firms dominate an industry. Buyers and suppliers will typically have more bargaining power when they are from concentrated industries because firms that do business with them have fewer options (when seeking buyers and suppliers). Fragmented Industries Industry Concentration Monopoly Economies of Scale The Trickle-Down Effect incorrect
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