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 young womans 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 ar bad for society. We will be looking at intentness ratios of each of the industries above. In economics, concentration ratios are a eyeshade of total output produced in an persistence by a given number of first in the industriousness (Case, Fair, Oster, 2009). The closely common concentration ratios are quaternsome and eight, which meat the commercialize 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 exertion and to illustrate the degree to which an constancy is oligopolistic (www.amosweb.com). In the smooth milk manufacturing industry the top 4 largest social beau mondes checker 42.6% of the market share, the top 8 largest companies course into 53.6% of the market share (US Census Bureau, 2002). In 2010 congress certify the following The changing structure of U.S.

agriculture has generated concerns about modify competition in a wide variety of sincere products markets, including dairy. Two primary areas of concern in the dairy industry are consolidationthe shift to fewer and larger firmsand industr y concentrationthe extent to which a small n! umber of firms obtain 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 fluid milk industry the womens and girls swing music & sew dresses is at the moment very competitive. The largest litre companies control 69.6% of the market...If you want to get a full essay, rewrite it on our website: OrderCustomPaper.com

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