The Correct Ranking of the Four Basic Market Structures from Low

question 76

Multiple Choice

The correct ranking of the four basic market structures from low HHI (Herfindahl-Hirschman Index) to high HHI is

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

---

Definitions:

Coping Mechanisms

Strategies or behaviors employed by individuals to manage stress, problems, or difficult emotions.

Eliminating Stress

The process of reducing or removing factors that cause mental, emotional, or physical strain.

Lifestyle Adjustment

Changes made to one's way of living to improve personal well-being, adapt to new circumstances, or achieve specific goals.

Attitude Adjustment

The process of changing one’s mindset or perspective, often to become more positive or receptive to new ideas.