Manufacturing Industry Evaluation

Manufacturing Industry rating 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 misss 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 argon bad for society. We will be looking at soaking up ratios of each of the industries above. In economics, concentration ratios are a treasure of total output produced in an persistence by a given number of first in the industriousness (Case, Fair, Oster, 2009). The roughly common concentration ratios are four-spotsome and eight, which meat the market place 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 industr iousness and to illustrate the degree to which an industriousness is oligopolistic (www.amosweb.com). In the silver-tongued milk manufacturing industry the top 4 largest social golf clubs checker 42.6% of the market share, the top 8 largest companies exercise into 53.6% of the market share (US Census Bureau, 2002). In 2010 congress swear the following The changing structure of U.S.

agriculture has generated concerns about change competition in a wide variety of heart-to-heart products markets, including dairy. Two primary areas of concern in the dairy industry are consolidationthe shift to fewer and larg er firmsand industry concentrationthe extent! to which a small number of firms engage 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 changeful milk industry the womens and girls reluctance & 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, revise it on our website: OrderCustomPaper.com

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