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The Following Are the Respective Numbers for the Four-Firm Concentration

Question 128

Multiple Choice

The following are the respective numbers for the four-firm concentration ratio and Herfindahl index in an industry. Which set of numbers is most suggestive that the industry is monopolistically competitive?


A) 25 and 207
B) 76 and 2,662
C) 80 and 1,800
D) 89 and 2,582

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