Manufacturing Industry Evaluation

Manufacturing Industry paygrade 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 daughters 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 are bad for society. We will be looking at assimilation ratios of each of the industries above. In economics, concentration ratios are a government note of total output produced in an persistence by a given number of first in the industriousness (Case, Fair, Oster, 2009). The almost common concentration ratios are foursomesome and eight, which meat the market share of four and eight largest firms. Concentration ratios are usually used to show the extend of market delay of the largest firms in the sedulousness and to illustrate the degree to which an labor is oligopolistic (www.amosweb.com). In the smooth milk manufacturing industry the top 4 largest social alliances checker 42.6% of the market share, the top 8 largest companies reign into 53.6% of the market share (US Census Bureau, 2002). In 2010 congress claim the following The changing structure of U.S.

agriculture has generated concerns about alter competition in a wide variety of unbiased products markets, including dairy. Two primary areas of concern in the dairy industry are consolidationthe shift to fewer and larger firmsand industry con centrationthe extent to which a small number! of firms statement 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 liquified milk industry the womens and girls golf shot & sew dresses is at the moment very competitive. The largest 50 companies control 69.6% of the market...If you want to get a full essay, fiat it on our website: OrderCustomPaper.com

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