The Cola Oligopoly

Abstract This project focuses on the results of a grocery body structure simulation and a harvest-time I am familiar with. I am to discuss the advantages and limitations of supply and take away that atomic number 18 identified. I am then to create a send back showing the differences and then I am to discuss a product we are familiar with so I chose the prosperous make whoopie/cola industry. Introduction This project focuses on the grocery structure of a freight transportation party. They go through with(predicate) several changes for severally of their offices. Each portion represents a distinct market structure. I will learn about stainless competition, monopoly, monopolistic competition, and oligopoly. The divisions use in the simulation are the Consumer Goods Division, blacken Division, Chemicals Division, and Forest Products Division. What are the advantages and limitations of supply and demand identified in the simulation? The company of East-West Freight Tr ansportation consisted of four differnet divisions that be different market stuctures as shown in the following table. on that point were advantages to the supply and demand in different scenarios. The coal division was the only car transporter in the region and the chemicals division has a chance for lettuce in the long run. The consumer goods division has no barriers to entryway for firms and the set products division has very little to no presence of stinting profits. Simulation Table         Example of a firm         Barriers to Entry         Numbers of Firms          legal injury duck soup of Demand         Presence of Economic Profits                            Perfect correspond         Consumer Goods Division         No barriers         Several         Price is elastic         P=MR.

=MC                            Monopoly         Coal Division          nevertheless transporter in region         1         Price is inelastic         Possible is barriers reconcile                            Monopolistic Competition         Forest Products Division         Few barriers to entry          many a(prenominal)         Price is elastic         None                            Monopoly/Duopoly         Chemica ls Division         Only deuce firms and each reacts... If you want to get a good essay, regularise it on our website: BestEssayCheap.com

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