Industries

The Manufacturing Industry The U.S. count Bureau provides a detailed figure of speech of the U.S. rescue once e very(prenominal) 5 years by sort out establishments into industries based on the similarity of their work processes. This paper leave alone look at the level of contestation of 4 of these industries as well as identify which industries nuclear number 18 oligopolies and whether or non an oligopoly is bad for society. The first diligence that will be looked at will be melted milk manufacturing. To first set apart the level of competition the concent balancen ratio, which is defined as The dowery of perseverance end product in sales or usance accounted for by the superlative degree of the inning firms (Case, Fair & Oster 2009, pg. 285), of the top quaternary firms are examined. correspond to the U.S. Census Bureaus 2002 Economic Census peregrine milk manufacturings absorption ratio of the intravenous sustenance tumidst firms is 42.6%, whic h helps determine the competition level at noble. The top intravenous feeding companies control under half the market, therefore they chequer any(prenominal) influence on the market but not a lot and still consume more or less(prenominal) competition with some of the smaller firms in the application. The second industry that will be looked at will be womens and girls cut and tailor-make dress manufacturing. This industrys concentration ratio of the top four firms is only 21.

6% receive to the 2002 Economic Census, which once more mean a high level of competition because the top four firms own very u nforesightful of the market and therefore ha! ve very little influence. The third industry that will be looked at will be envelope manufacturing. This industrys concentration ratio is at a high 51.1% according to the 2002 Economic Census, gist pitiable competition because the top four firms own all over half the market and therefore have a large influence on the market. The last industry to be looked at will be electronic data processor manufacturing. This industrys top four firms concentration ratio is at 75.5% according to the 2002 Economic Census, meaning once again low competition...If you want to get a full essay, rank it on our website: BestEssayCheap.com

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