an oligopoly
automobile, a clown at a party
That would be an oligopoly.
Industry structure is often measured by computing the Four-Firm Concentration Ratio. Suppose you have an industry with 20 firms and the CR is 30. How would you describe this industry?
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Communists
automobile, a clown at a party
That would be an oligopoly.
Industry structure is often measured by computing the Four-Firm Concentration Ratio. Suppose you have an industry with 20 firms and the CR is 30. How would you describe this industry?
That would be Detroit, Michigan. Detroit became the center of the automobile industry largely because of the many steel mills that were already there, which meant less cost in transporting the needed material.
I would describe Henry Ford as "innovative." He revolutionized the automobile industry by introducing assembly line production, which significantly lowered costs and increased efficiency. His forward-thinking approach not only made cars accessible to the masses but also transformed manufacturing processes across various industries. Ford's vision for affordable transportation changed the landscape of American society and economy.
Unfortunately, you would need access to automobile industry equipment, in other words, a catalytic converter is made with stamped stainless steel.
One typical example of an industrial machine used in the automotive industry would be a press. The press is used to stamp parts, mainly body components, from sheets of steel.
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NADA U, National Automobile Dealers Association University, has training for automotive dealerships in sales, service, management, industry trends, and any other topic that would be needed to run a successful automobile dealership. They also offer customized programs.
No, a motorbike would be a motorcycle or dirt bike type of thing. Or a bicycle with a engine. A automobile would be a car, truck or semi. But it could possibly be a automobile if you think about it, but i'd say no.
f an automobile had a 100 efficient engine would it exhaust the surroundings?
Archaeologist