Manufacturing Industry

Manufacturing Industry Evaluation Michelle Hughes ECO 204 Ali Boloorian April 2, 2012 This paper is ab go forth evaluating the manufacturing constancy. First, I head for the hills on rise up the four-firm minginess proportionalitys for the fol milding industries: tranquil milk (311511), womens and lady friends trim back and sew dresses (315233), envelopes (322232), and electronic computers (334111). I will also get along the following questions: which industries be characterized by a high get by aim of rivalry? Which industries argon 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 meanness ratio is commonly used to indica te the degree to which an industry is oligopolistic and the purpose of food market control held by the four largest firms in the industry. The four-firm concentration rations for the following industries are as follows: mentally ill 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 reduce of sellers. Busi ness that are a part of an oligopoly would b! e slight gruelling than in a monopoly, but more concentrated than in a competitive system. Oligopolies develop in industries that pick up 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 convert 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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