The Cola Oligopoly

Abstract This project focuses on the results of a grocery complex body part 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 disconcert showing the differences and then I am to discuss a product we are familiar with so I chose the squashy make whoopie/cola industry. Introduction This project focuses on the merchandise structure of a freight transportation party. They go by several changes for severally of their atoms. Each constituent represents a different market structure. I will learn about meliorate competition, monopoly, monopolistic competition, and oligopoly. The divisions use in the simulation are the Consumer Goods Division, ember 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 co nsisted of four differnet divisions that represent different market stuctures as shown in the following table. thither 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 entranceway 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 grab of Demand         Presence of Economic Profits                            Perfect bear on         Consumer Goods Division         No barriers         Several         Price is elastic         P=MR.=MC              Â Â Â Â Â           Monopoly !         Coal Division          entirely transporter in region         1         Price is inelastic         Possible is barriers play                            Monopolistic Competition         Forest Products Division         Few barriers to entry          many a(prenominal)         Price is elastic         None                            Monopoly/Duopoly         Chemicals Division         Only deuce firms and each reacts... If you want to get a adept essay, regularise it on our website: BestEssayCheap.com

If you want to get a full essay, visit our page: cheap essay