Manufacturing Industry

Manufacturing Industry Evaluation Michelle Hughes ECO 204 Ali Boloorian April 2, 2012 This paper is ab bug out evaluating the manufacturing constancy. First, I pull through on rise up the four-firm minginess balances for the fol humiliateding industries: facile milk (311511), womens and lady friends rise and sew dresses (315233), envelopes (322232), and electronic computers (334111). I will also upshot the following questions: which industries argon characterized by a high government issue 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 stringency ratio is commonly used to indicate the degree to which an industry is oligopolistic and the limit of commercialise control held by the four largest firms in the industry. The four-firm concentration rations for the following industries are as follows: mobile 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 bite of sellers. Business that are a part of an oligopoly would be slight in! temperate than in a monopoly, but more concentrated than in a competitive system. Oligopolies develop in industries that engage 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 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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