The estimated price-cost margin of 11.9 percent in the market for broiler chickens suggests there is a high degree of competition in that industry.

Name: The estimated price-cost margin of 11.9 percent in the market for broiler chickens suggests there is a high degree of competition in that industry.
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A price-cost margin of 11.9 percent indicates that prices are only slightly above costs, suggesting that firms are unable to charge significantly higher prices due to competitive pressures.

The Estimated Price-Cost Margin of 11