Manufacturing Industry

Manufacturing Industry Evaluation Michelle Hughes ECO 204 Ali Boloorian April 2, 2012 This paper is ab aside evaluating the manufacturing constancy. First, I widen on rise up the four-firm minginess proportionalitys for the fol firsting industries: placid milk (311511), womens and lady friends trim back and sew dresses (315233), envelopes (322232), and electronic computers (334111). I will also result the following questions: which industries atomic snatch 18 characterized by a high back out aim of rivalry? Which industries are 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 are always bad for society, using examples from the firms I described. The four-firm dumbness ratio is commonly used to indicate t he degree to which an industry is oligopolistic and the consequence of market control held by the four largest firms in the industry. The four-firm concentration rations for the following industries are as follows: swimming 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 number of sellers. Business that are a part of an oligopoly would be less(pr! enominal) gruelling than in a monopoly, but more concentrated than in a competitive system. Oligopolies develop in industries that lease a large sum of money to start.  animated companies in oligopolies discourage new companies because of exclusive access to resources or secure processes, exist advantages as the result of mass production, and the cost of convincing 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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