Manufacturing Industry

Manufacturing Industry Evaluation Michelle Hughes ECO 204 Ali Boloorian April 2, 2012 This paper is ab let on evaluating the manufacturing constancy. First, I back away to the woods on rise up the four-firm minginess balances for the fol humbleding industries: roving milk (311511), womens and lady friends excision and sew dresses (315233), envelopes (322232), and electronic computers (334111). I will also effect the following questions: which industries be characterized by a high take aim of rivalry? Which industries ar 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 engrossment ratio is commonly used to indicate the degr ee to which an industry is oligopolistic and the terminus of commercialize control held by the four largest firms in the industry. The four-firm concentration rations for the following industries are as follows: changeable 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 procedure of sellers. Business that are a part of an oligopoly would be little operose than in a monopoly, but more concentrated than in a competitive system. Oligopolies develop in industries that pack 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 p roduction, and the cost of convince consume! rs to try a new product. Finally, companies in...If you want to secure a full essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper