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  3. Study Set
    Microeconomics Australia
  4. Exam
    Exam 16: Monopolistic Competition
  5. Question
    A Market in Which the Herfindahl-Hirschman Index Exceeds 1,800 Is
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A Market in Which the Herfindahl-Hirschman Index Exceeds 1,800 Is

Question 20

Question 20

Multiple Choice

A market in which the Herfindahl-Hirschman Index exceeds 1,800 is considered to be


A) not competitive.
B) competitive.
C) moderately competitive.
D) purely competitive.
E) either a monopoly or monopolistic competition.

Correct Answer:

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