because it holds a patent for a technology that increases an automobile's reliability, company a has 80% of the market for a spe

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because it holds a patent for a technology that increases an automobile's reliability, company a has 80% of the market for a spe

cialized component. auto manufacturers pay a high premium for this component. as a result, the auto manufacturers realize:

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1 answer:

seraphim [82] · Answer 1 · 2024-01-06T08:43:10+03:00

auto manufacturers pay a high premium for this component. as a result, the auto manufacturers realize: reduced profit margins due to the bargaining power of their supplier.

<h3>What is auto manufactures?</h3>

Any individual, partnership, corporation, association, or other type of business enterprise engaged in the production or assembly of passenger cars, trucks, or station wagons is referred to as an automobile manufacturer.

This definition also includes any individual, partnership, or corporation acting on behalf of or under the direction of such a manufacturer or assembler in relation to the distribution of said motor vehicles.

Any individual or organization that produces money through the manufacturing and sale of fully or nearly fully assembled cars, lorries, buses, or motorcycles is referred to as an automobile manufacturer.

Learn more about automobile manufacturer

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