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The Correct Ranking of the Four Basic Market Structures from Low

Question 76

Multiple Choice

The correct ranking of the four basic market structures from low HHI (Herfindahl-Hirschman Index) to high HHI is


A) monopolistic competition,perfect competition,oligopoly,monopoly.
B) perfect competition,oligopoly,monopolistic competition,monopoly.
C) monopoly,oligopoly,monopolistic competition,perfect competition.
D) perfect competition,monopolistic competition,oligopoly,monopoly.
E) monopoly,monopolistic competition,oligopoly,perfect competition.

Correct Answer:

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