Manufacturing Industry Evaluation

In economics, oligopolies are industries dominated by a few firms that, by virtue of their individual sizes, are large plenteous to influence the market price. These oligopolies embody in many forms and products may be homogenous or differentiated. (Case, Fair, Oster, 2009. Pg. 283). As we review the intentness ratios of the four manufacturing firms, fluid milk, womens and girls act & sew dresses, envelopes, and electronic computers, we will discover that three of these last as oligopolies which croup be both bad and sound for society. These concentration ratios show us the share of industry drudgery in sales or employment accounted for by the conduct firms. In the fluid milk industry establishments are to make with engaged in manufacturing processed milk products, such as pasteurized milk or solve and sour weft and manufacturing fluid milk dairy farm substitutes from soybeans and other nondairy substances. Of the 315 firms that were evaluated i n the 2002 economic Census, 42.6% of the market share was controlled by the top four companies. It is create that this industry an oligopolistic industry. One of the top four companies Dean Foods is peerless of the countrys largest processor and distributor of dairy products.

This confederacy markets under more than 50 local and regional dairy brands and private labels, with over 25k employees in over 100 plants (Dean Foods, 2012). The get to with the tightly consolidated market in this industry is that it leaves itsy-bitsy room if any for conventional farmers to survive. This also means that as dairy prod ucts are mass produced to reduce cost to con! sumers, farmers sens no longer afford to compete as answer equal to(p) dairy farmers who result better treatment for their animals and avoid the innocence plague of hormones. You can however argue that this firm is able to provide financial support, food, and other resources to non-profit organizations that aim to prevent childhood lust in the U.S. due to their size and volume of output. In...If you privation to pick up a full essay, order it on our website: OrderCustomPaper.com

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