Wednesday, February 20, 2013

Manufacturing Industry Evaluation

Manufacturing Industry Evaluation
Alison Samples
ECO 204
Jeannine Cataldi
Monday, September 3, 2012

Manufacturing Industry Evaluation:
Economics uses constriction proportions to determine whether households in a given industry ar oligopolies. This research aims at determining oligopoly using the assimilation ratio in the following four industries in the United States:

-Fluid milk.
-Womens and girls combust and hoist dresses.
-Envelopes.
-Electronic computers

Using statistics from the US  census bureau, economical census(2002), I will able to answer the following questions;

-Find the four- firm meanness  ratios  for  the  following  industries: fluid milk (311511), womens and girls cut and sew dresses (315233), envelopes (322232),  electronic computers (334111). 
-Assess the level of competition for each of the four industries.
-Define oligopolies and make out which of the listed industries qualify as oligopolies.
-Describe why these industries qualify as oligopolies and spot some of the firms that operate in the listed industries. 
-Discuss whether or not oligopolies are always bad for society, using examples from the firms you described?

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According to the US census bureau, economic census (2002), the four firm concentration ratio of:
-Fluid milk (311511), has a concentration ratio of 42.6%.
-Womens and girls cut and sew dresses (315233), has a concentration ratio of 21.6%.
-Envelopes (322232), has a concentration ratio of 51.1%.
-Electronic computers (334111), has a concentration ratio of 75.5% 

According to the US census bureau, economic census (2002), Womens and girls cut and sew dresses (315233), which has a concentration ratio of 21.6%  has high competition because the 4 largest companies determine only a small portion of the market less(prenominal) than half. Hence they do not have that much bad influence on the market.
Envelopes (322232) and Electronic computers (334111), which has a concentration ratio of 51.1% and 75.5% respectively,...If you want to get a full essay, order it on our website: Orderessay



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