When the Herfindahl-Hirschman Index (HHI)is Greater Than 1,800

question 99

Multiple Choice

When the Herfindahl-Hirschman Index (HHI) is greater than 1,800,

• A)the market is very competitive.
• B)a monopoly exists.
• C)there are many producers in the market.
• D)the market is moderately competitive.
• E)the market is uncompetitive.

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