Manufacturing

Manufacturing Industry Evaluation Manufacturing Industry Evaluation What atomic number 18 intentness ratios? How are these ratios apply by different industries? What do the submerging ratios say approximately competition within different industries? Where does the term oligopoly fit into these concentration ratios? What affect do oligopolies have on society? This paper will examine quaternity manufacturing industries using their four- unbendable concentration ratios. The four manufacturing industries that will be evaluated are fluid milk, woman and little girls cut and sew dresses, envelopes, and electronic computers. What are concentration ratios? According to Case & Fair, concentration ratios are the component of manufacture output in sales or troth accounted for by the top firms (Case & Fair, 2009, p.285). These ratios are calculated found on the market share of the largest firms in the industry. There are two concentration ratios that are used, the four firm ratios, meaning that this ratio measures the market share held by the four largest firms in the industry, and the eightsome firm ratios; this measures the market share in the eight largest firms in the industry. This paper will discuss the four firm concentration ratios.

These ratios are used to determine the measure of industry concentration or their overall market control. Concentration ratios purge for a scurvy of 0 percent to a spunky of ampere-second percent (AmosWeb, 2011). There are three primary(prenominal) types of concentration, low, medium, and high levels of concentration. A concentration ratio of 0 to 50 percent is commonly interpreted as an industry with low concentration. Monopolistic competition falls into the bottom of this with oligopoly emerging bordering the upper end. A concentration ratio of 50 to 80 percent is considered an industry with medium concentration. These industries are very oftentimes oligopoly. An industry with a concentration ratio of 80 to 100 percent is viewed as high concentration.... If you want to get a full essay, order it on our website: Orderessay

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