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Wednesday, February 20, 2013

Microeconomics

In the study of microeconomics, closeness ratios determine if a concern is considered to be a monopoly or oligopoly structured entity. In a monopoly styled business the market is often instructionled by one vendor who retains the market. In an oligopoly styled application the economic situation involves numerous sellers who jointly have a presence with one single market. The subsidization this week calls for the concentration rates for the fol embarrasseding industries (fluid milk 311511, womens girls cut tailor-make dress 315233, envelopes 322232, computers 334111.
According to the United States count Bureau the concentration ratio for fluid milk was save as being 42.6 percent. This is a highly competitive patience and because the largest four companies only control a relatively low percent of the industry it should be classified as a oligopoly structured industry. Womens girl cut dress and fasten industry is another business model that falls into the oligopoly structure. With regard to the United States Census Bureau it was documented that the womens sew industry had a concentration rate of 21.6 percent. This clearly tells us that this is not a monopoly structured business entity. The four largest companies control less than half of the market.

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With regard to envelopes it has been recorded as having a concentration rate of 51.1 percent. The rate by which this industry is set suggests that the top four companies in this industry control more than than one half of the market. The fact that there are some(prenominal) companies who do indeed supply envelopes allows us to classify this industry as a oligopoly structured business.
The computer industry on the other hand is a industry with a concentration rate of 75.5 percent. In the computer industry four firms control over three quarters of the market. You can look at Microsoft and see the government is always trying to break them into little individual companies. At first glance you would not...If you want to kick the bucket a full essay, order it on our website: Ordercustompaper.com



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