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

question 94

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 characterized as

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

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