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In the Personal Computer Market, Some Large Manufacturers Are Able

Question 49

Multiple Choice

In the personal computer market, some large manufacturers are able to buy computer components (e.g., disk drives, flat-screen monitors, and memory chips) and software at lower prices than smaller firms in the market. This outcome indicates that the large firms enjoy some degree of ________ in this market.


A) monopoly power
B) oligopoly power
C) oligopsony power
D) monopsony power

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