In researching the four unlike industries I found the concentration ratio varied from whiz industry to the next. After viewing the most recent economic Census for Manufacturing I was able to answer the following head; Find the four-firm concentration ratios for the following industries: fluid milk (311511), womens and young womans cut & customize equipes (315233), envelopes (322232), and electronic computers (334111). Assess the take aim of competition for each of the four industries. Define oligopolies and break which of the listed industries veer as oligopolies. Describe why these industries qualify as oligopolies and identify some of the firms that operate in the listed industries. Discuss whether or not oligopolies argon always bad for society, using examples from the firms you described. The following are 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 determine which industries are classified advertisement as oligopolies we must first understand what a oligopoly is. Oligopoly is when a market is shared by a small make out of large firms that dominate a industry.
It does not have fit control over the supply but its capital is great than monopolistic competitive 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 industries that were researched one would have to say 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 years 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: Orderessay
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