Brandy Johnson MANUFACTURING INDUSTRY EVALUATION 1 ECO204: Principles of Microeconomics (BAK1213A) Instructor: Felix Telado 04/13/2012 Manufacturing industriousness rating rogue 1 Economics uses assimilation ratios to read whether soakeds in a given industry ar oligopolies. This inquiry aims at determining oligopoly employ the compactness ratio in the pastime cardinal industries in the United States which ar rotten milk, womens and girls push aside and customise dresses, envelopes and electronic computers. Using statistics from the US numerate bureau, economic census (2002), I will commensurate to result the by-line questions; a) Find the four- firm concentration ratios for the following industries: fluid milk (311511), womens and girls cut & sew dresses (315233), envelopes (322232), electronic computers (334111). b) Which industries are characterized by a uplifted level of competit or? Which industries are characterized by a low level of challenger? desex oligopolies and identify which of the listed industries qualify as oligopolies. c) Name and break most of the firms that operate in the listed industries that qualify as oligopolies. d) hash out whether or not oligopolies are always bad for society, using examples from the firms you expound?
match 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 & sew dresses(315233) has a ! concentration ratio of 21.6%, Envelopes (322232), has a concentration ratio of 51.1%. and electronic computers (334111), has a concentration ratio of 75.5%. Manufacturing Industry Evaluation Page 2 According to the US census bureau, economic census(2002) , Womens and girls cut & sew dresses(315233), which has a concentration ratio of 21.6% has high competition because the 4...If you want to get a full essay, raise it on our website:
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