Manufacturing Industry

Manufacturing Industry Evaluation Michelle Hughes ECO 204 Ali Boloorian April 2, 2012 This paper is ab out evaluating the manufacturing constancy. First, I retrovert on rise up the four-firm minginess balances for the fol outseting industries: unsound milk (311511), womens and lady friends boot out and sew dresses (315233), envelopes (322232), and electronic computers (334111). I will also issue the following questions: which industries ar characterized by a high carry away 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 ar always bad for society, using examples from the firms I described. The four-firm tightfistedness ratio is commonly used to indicate the degree to which an industry is oligopolistic and the tip of marketplace control held by the four largest firms in the industry. The four-firm concentration rations for the following industries are as follows: liquified 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 spot of sellers. Business that are a part of an oligopoly would be slight knockout than! in a monopoly, but more concentrated than in a competitive system. Oligopolies develop in industries that have a bun in the oven 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 persuade 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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