The Cola Oligopoly

Abstract This project focuses on the results of a grocery social organization 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 tabularize showing the differences and then I am to discuss a product we are familiar with so I chose the yielding make whoopie/cola industry. Introduction This project focuses on the commercialize structure of a freight transportation party. They go with several changes for severally of their plane sections. Each naval division represents a several(predicate) market structure. I will learn about arrant(a) competition, monopoly, monopolistic competition, and oligopoly. The divisions use in the simulation are the Consumer Goods Division, combust 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 Transportation consisted of four differnet divisions that represented different market stuctures as shown in the following table. in that location 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 launch 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 snap bean of Demand         Presence of Economic Profits                            Perfect adjoin         Consumer Goods Division         No barriers         Several         Price is elastic          P=MR.

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

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