In the personal computer market, some large manufacturers are able to
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
ANSWER
D
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