In the Figure, D Is the Demand Curve for Taxi

question 200

Multiple Choice

In the figure, D is the demand curve for taxi rides in a town, and ATC is the average total cost curve of a taxi company.
-In an oligopoly market, the Herfindahl-Hirschman Index is usually:

• A) Greater than 1,000.
• B) Below 1,000.
• C) Between 100 and 1,000.
• D) Between 200 and 2,000.

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