Manufacturing Industry

Manufacturing Industry Evaluation Michelle Hughes ECO 204 Ali Boloorian April 2, 2012 This paper is ab place evaluating the manufacturing constancy. First, I gallop on rise up the four-firm minginess ratios for the fol broken ining industries: unruffled milk (311511), womens and lady friends gash and sew dresses (315233), envelopes (322232), and electronic computers (334111). I will also coif the following questions: which industries argon characterized by a high allow in aim of rivalry? Which industries be characterized by a low level of competition? Define oligopolies and identify which of the listed industries toss out as oligopolies. Name and describe some of the firms that operate in the listed industries that qualify as oligopolies. And finally discuss whether or non oligopolies argon always bad for society, using examples from the firms I described. The four-firm niggardness ratio is commonly used to indicate the degree to which a n industry is oligopolistic and the extremity of market control held by the four largest firms in the industry. The four-firm concentration rations for the following industries are as follows: nomadic milk (311511) is 315, womens and girls cut and sew dresses (315233) is 525, envelopes (322232) is 166, and electronic computers (334111) is 166.

Envelopes are characterized as a high level of competition and fluid milk is characterized as a low level of competition. Oligopolies are a market form in which a market of industry is dominated by a itty-bitty figure of sellers. Business that are a part of an olig opoly would be little punishing than in a ! monopoly, but more concentrated than in a competitive system. Oligopolies develop in industries that anticipate a large sum of money to start.  animated companies in oligopolies discourage new companies because of exclusive access to resources or procure processes, exist advantages as the result of mass production, and the cost of win over consumers to try a new product. Finally, companies in...If you want to secure a full essay, order it on our website: OrderCustomPaper.com

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