underneath its the lecture example, but dont use the cellphone company or aerosp

Question

underneath its the lecture example, but dont use the cellphone company or aerospace. I need another example The topic of this discussion is on market structures.

Specifically answer this prompt:

1. Identify a market; the market must be different than any of the markets posted by other students. 2. Using the characteristics of the market structures (perfect competition, monopoly, monopolistic competition, oligopoly), identify which market structure best fits your chosen market. Give examples. ( This is the lecture example) 1. Cell phone service providers

2. Oligopoly market: 4 firms dominate the industry: Verizon, T-Mobile, Sprint, and AT&T. These firms are price setters, as can be seen by the differing prices of various phone plans. The cost to enter this kind of market is extremely high, requiring lots of infrastructure (cell phone towers, servers, etc).

3. The big four companies control nearly 99% of the market. They advertise very competitively against each other for market share.

Explanation / Answer

1)Aerospace systems
2)Oligopoly market:Nearly 10 companies dominate the market.It Encompasses military aircraft, conventional missiles, and military satellites and is the most technologically advanced area of the arms market.
3) It is also the least competitive from an economic standpoint, with only a handful of companies dominating the entire market. The major producers are Rolls Royce, BAE, Dassault Aviation, Sukhoi, EADS, Leonardo, Thales Group, Lockheed Martin, Northrop Grumman and Boeing among others.
The top 10 non-government agency producers hold a market of over 78% by sales while the rest is mostly in the hands of government institutions.

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