Your previous response seems good and logical but I would feel more comfortable if the additional information I am going to give would change your response in any way. You already know the market percentages for General Motors, Ford, and Bmw. Let me give you the figures for the remaining companies:DaimlerChrysler(14%)Toyota(11%)Honda(9%)Nissan(5%)Volkswagon(2%)Hyundai(2%)Mitsubishi(1%)In addition let me the different brands for 7 firms that were given:GM :Buick,Cadillac,Pontiac,Chevrolet,Oldsmobile, Saturn,GMC, and Saab-Ford:Mercury, Lincoln,Volvo,andJaguar- DaimlerChrysler:Dodge, Plymouth, Jeep, and Mercedes Benz-Toyota:Lexus-Honda:Acura-Nissan:Infinity- and as you already know BMW:Mini Cooper. Do these statistics change anything to your response such as imports vs domestic or luxury vs non-luxury as to the merger in this problem? I have added this because the math alone is obvious when you do it, but this professor may be tricky. He also says to refer to market structure and market conduct in making the decision i appreciate your help.© BrainMass Inc. brainmass.com September 28, 2022, 3:31 am ad1c9bdddf
Yes you might be right that we should think about things like market structure and conduct. For example, you mentioned the luxury car market. We know that BMW produces luxury cars. If we look at the market of luxury cars, unlike the general car market, BMW probably has a much larger share in that specific market. However we're not given figures for this information. Moreover, it is also up ...