Examlex
Which of the following would cause the short-run aggregate supply curve to shift to the left?
Pure Monopoly
An industry with a single firm that produces a product for which there are no close substitutes and in which significant barriers to entry prevent other firms from entering the industry to compete for profits.
HHI
The Herfindahl-Hirschman Index, a measure of market concentration used to determine the level of competition within an industry.
HHI
A measure of market concentration used to determine the competitiveness of a market. Also known as the Herfindahl-Hirschman Index.
HHI
The Herfindahl-Hirschman Index, a measure of market concentration to assess the level of competition within an industry.
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