Ralph E. Smith
ECO204
MarloĆ Chavarria
October 15, 2012
Thesis Statement
Competition leads too many varied levels of competing; unfortunately when industries compete they all try to achieve the place of becoming a monopoly constancy. Industries that argon in the oligopoly market are very few in numbers, but controls market determine that influence society as a whole. In this piece of music we will try to explain the four different industries and discuss their characterizations and whether they qualify as oligopolies.
Discussion
We acquit to evaluate the market ratios to prove if the following industries qualify as oligopolies; the following is the percentage of tax of shipments accounted for by the four largest firms according to the U.S. Census Bureau:
fluent milk21.30% out of 402 join companies
Womens and girls cut and sew dresses14.2% out of 747 total companies
Envelopes40.9% out of 188 total companies
Electronic computers45.
4% out of 531 total companies
The electronic computer patience has more competition that was previously seen in years sometime(prenominal) at 45.4% held by the crystalize four companies in the industry, it has the nearly competition. I think that this is due to the raise of people using computers and since about all households rent a computer it has proceed a needed product in this day and age. The hulking companies have such demand for this product that one ships company cannot dominate the industry (i.e. Dell, Microsoft, and Sanyo). Since the top four companies in this industry do not break 50% it is not considered an oligopoly. Envelopes have the next highest with having 40.9% of envelope manufacturers in the top four companies.
The bland milk industry has 21.30% of industry made by the top four companies. I think that the milk industry does have much competition due to the well known...If you want to belong a full essay, order it on our website: Orderessay
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