What does the Herfindahl-Hirschman Index value near 10,000 imply about the market?
A)Pure monopoly
B)Perfect competition
C)Monopolistic competition
D)Oligopoly

Name: What does the Herfindahl-Hirschman Index value near 10,000 imply about the market? A)Pure monopoly B)Perfect competition C)Monopolistic competition D)Oligopoly
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A Herfindahl-Hirschman Index value near 10,000 indicates that the market is highly concentrated and dominated by a single firm, which is a characteristic of a pure monopoly.

What Does the Herfindahl-Hirschman Index Value near 10,000 Imply About