If You Were to Rank the Four Market Structures in Terms

Multiple Choice

If you were to rank the four market structures in terms of lowest concentration ratio to highest concentration ratio, which of the following rankings would be correct?

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