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The four firm concentration ratio in the motor vehicle manufacturing market is 76%. The four firm concentration ratio in the electronic components market used in
The four firm concentration ratio in the motor vehicle manufacturing market is 76%. The four firm concentration ratio in the electronic components market used in motor vehicles is 27%. From this we might infer that Group of answer choices price markups over marginal cost are higher in the electronic components market than the motor vehicle market motor vehicle manufactures have less bargaining power than electronic component manufacturers motor vehicle manufactures have the same bargaining power as electronic component manufacturers motor vehicle manufactures have more bargaining power than electronic component manufacturers
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