Manufacturing Industry

Manufacturing Industry Ashley Green ECO 204 Principle of Micro economics Evelyn Carlson July 28, 2012 In researching the four irrelevant industries I found the concentration ratio varied from doubtliner industry to the next. After viewing the most recent economic Census for Manufacturing I was able to answer the fol showtimeing head; Find the four-firm concentration ratios for the following industries: bland milk (311511), womens and spring chicken womans cut & customize equipes (315233), envelopes (322232), and electronic computers (334111). respect the take aim of contention for each of the four industries. specialize oligopolies and break which of the listed industries veer as oligopolies. Describe why these industries discard as oligopolies and identify some of the firms that operate in the listed industries. contend whether or not oligopolies argon always bad for society, use examples from the firms you described. The following argon levels of competition for each industry, milk fluid 315, women and girls cut and fasten dress 525, envelopes 166 and electronic computers are 465. To con which industries are categorise advertisement as oligopolies we must firstly understand what a oligopoly is. Oligopoly is when a market is shared by a small make out of large firms that command a industry.

It does not have fit control everywhere the supply but its capital is great than monopolistic competitory firm. Electronic computers and women and girl cut and sew dress are considered to be on a lavishly level of the competition while fluid milk and envelopes are wiz low level of competition. Looking at the indust! ries that were researched one would have to offer that computer manufacturers and women and girls cut and sew dress would be classified as oligopolies. The manufacturers of computers tend to be prevail by a small number of firms such as Dell, Hewlett-packard, Gateway, Apple and IBM. The70s and 80s were the old age in which computers begin, firms such as Kaypro, Osbourne, Packard Bell, Compaq and Texas Instruments...If you urgency to get a full essay, order it on our website: OrderCustomPaper.com

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