Concentration Ratios Essay

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Concentration Ratios in Manufacturing For my class here at Ashford University I will be addressing Concentration Ratios for four common industries: fluid milk (311511), women's and girls cut & sew dresses (315233), envelopes (322232), and electronic computers (334111). Also I will answer which industries are characterized by a high level of competition? Which industries are characterized by a low level of competition? Define oligopolies and identify which of the listed industries qualify as oligopolies. Also the name of the firms that operate in the listed industries that qualifies as oligopolies. Also finally discuss whether or not oligopolies are always bad for society, using examples from the firms you described? 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%. Women's and girl's cut & 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% The data according to the US Census Bureau, economic census(2002) , Women's and girl's cut & sew dresses(315233), which has a concentration ratio of 21.6% has high competition because the 4 largest companies control only a small portion of the market less than half. Therefore they don’t have that much big influence on the market. Envelopes (322232) and Electronic computers (334111), which has a concentration ratio of 51.1% and 75.5% respectively, has low market competition because the 4 largest Concentration Ratios in Manufacturing companies in each industry control more than half of the market share. So these industries have a big influence on the market. “Oligopoly is a form of industry
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