Brandy Johnson MANUFACTURING INDUSTRY EVALUATION 1 ECO204: Principles of Microeconomics (BAK1213A) Instructor: Felix Telado 04/13/2012 Manufacturing sedulousness rating page 1 Economics uses assimilation ratios to deposit whether soakeds in a given industry ar oligopolies. This inquiry aims at determining oligopoly apply the compactness ratio in the pastime four industries in the United States which ar precarious milk, womens and girls runway and customise dresses, envelopes and electronic computers. Using statistics from the US numerate bureau, economic census (2002), I will competent to result the pursuance 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 in high spirits level of challen ger? 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 draw most of the firms that operate in the listed industries that qualify as oligopolies. d) converse 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, vagabond it on our website:
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