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If the Herfindahl-Hirschman Index in the Market for Single-Use Cameras

Question 35

Multiple Choice

If the Herfindahl-Hirschman Index in the market for single-use cameras equals 10,000, then the single-use camera industry is best characterised as

A) perfect competition.
B) monopolistic competition.
C) a monopoly.
D) an oligopoly.
E) either a monopoly or monopolistic competition.

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