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What was the concentration ratio( Ch 11) in 2016 in the electric vehicle industry, and what is it now in 2022? What is the level

  1. What was the concentration ratio( Ch 11) in 2016 in the electric vehicle industry, and what is it now in 2022?
  2. What is the level of market power for each competitor in the electric vehicle industry? How does it change during this period? Why?
  3. Ultimately, what market structure in the electric vehicle industry do you believe this industry to be in, and why
    • Describe the electric vehicle industry concerning the characteristics of market structures 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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