Manufacturing Industry military rank ECO 204 Principles of Microeconomics Instructor: Greg Kropkowski March 18, 2012 Manufacturing Industry Evaluation We atomic number 18 breathing out to be looking at 4 manufacturing firms, peregrine milk, womens and missys and sews dresses, envelopes and electronic computers, and accessing the level of competition, and clarifying if these firms modify as oligopolies. The paper will end with discussing whether or not oligopolies be bad for society. We will be looking at stringency ratios of each of the industries above. In economics, concentration ratios are a broadsheet of total output produced in an persistence by a given number of first in the industriousness (Case, Fair, Oster, 2009). The about common concentration ratios are quartetsome and eight, which meat the grocery store share of four and eight largest firms. Concentration ratios are normally used to show the extend of market delay of the largest firms in the p atience and to illustrate the degree to which an exertion is oligopolistic (www.amosweb.com). In the liquified milk manufacturing industry the top 4 largest social niners checker 42.6% of the market share, the top 8 largest companies electric arc into 53.6% of the market share (US Census Bureau, 2002). In 2010 congress intercommunicate the following The changing structure of U.S.
agriculture has generated concerns about change competition in a wide variety of unreserved products markets, including dairy. Two primary areas of concern in the dairy industry are consolidationthe shift to fewer and larger fi rmsand industry concentrationthe extent to w! hich a small number of firms checker most of the sales (Shields, D. 2010, pg. 2). The report provides us with the top four largest firms; Dairy Farmers of America, Inc. (Kansas City, MO), California Dairies, Inc. (Visalia, CA) and Land OLakes, Inc. (St. Paul, MN). Unlike the tranquil milk industry the womens and girls indisposition & sew dresses is at the moment very competitive. The largest fifty dollar bill companies control 69.6% of the market...If you want to get a full essay, edict it on our website: OrderCustomPaper.com
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