Manufacturing Industry Evaluation Manufacturing Industry Evaluation An oligopoly is by definition a product structure in which a few substantials control the finish grocery store. These firms generally debate with in ein truth look of the foodstuff, from determine to advertising and accessories for the products. In methodicalness to determine the oligopolistic personality of an effort, ane must criticism the concentproportionn ratio of the grocery (Case, K.E., 2009). In the shimmy of the quartette industries in question; unconditional draw, girls crook and sew dresses, envelopes, and electronic computers, three of these would qualify as an oligopoly. Reviewing the subject of firms and the cardinal firm concentration ratios of the industries listed reveals that three of the firms would be considered to be oligopolistic. These firms would be fluent milk, envelopes, and electronic computers. In the case of politic milk, on that point ar 315 competing firms in the market, with the take four firms story for 42.6% of the market (U.S. fall Bureau, 2006). The placid milk market has a low train of tilt within its boundaries. However, fluid milk firms have a very high take aim of competition with other swallow industries.
According to the Agricultural merchandise alternative Center, the fluid milk market is mainly do up of firms which produce undercover label milks for market in sell outlets around the landed estate (Schultz, 2012). In the Louisville, KY area the handsome fluid milk companies are Deans and Southern Belle. Barrier to entry into the fluid milk industry has the potential to be very high. When factoring the costs of livestock, land, and equipment; a firm interested in miserable into this market would direct a large labor union of specie to invest. The combination of the top four firms position in the market concentration ratio and the barrier to entry, the fluid milk market appear to be oligopolistic. With girls cut and sew dresses, there are 525 firms, with the top four firms holding only 20.7% of the market (U.S. Census Bureau,...If you want to consider a full essay, order it on our website: Ordercustompaper.com
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