A Market in Which the Herfindahl-Hirschman Index Exceeds 1,800 Is

question 142

Multiple Choice

A market in which the Herfindahl-Hirschman Index exceeds 1,800 is considered to be

• A) competitive.
• B) not competitive.
• C) moderately competitive.
• D) purely competitive.
• E) either a monopoly or monopolistic competition.

---

Definitions:

Manufacturers

Entities or individuals that create or produce goods and products on a large scale using machinery and labor in various industries.

Illness

A state of health in which a person suffers from a disease or ailment, affecting their normal physiological function.

Chronic Diseases

Long-lasting medical conditions that are usually progressive and may require ongoing management or treatment.

Common Causes

Frequently occurring reasons or factors that contribute to a particular outcome or situation.