Which Herfindahl-Hirschman index is MOST likely to indicate a perfectly competitive market?
A)100
B)1,800
C)10,000
D)100,000

Name: Which Herfindahl-Hirschman index is MOST likely to indicate a perfectly competitive market? A)100 B)1,800 C)10,000 D)100,000
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A Herfindahl-Hirschman index of 100 indicates that there are many small firms in the market and no one firm has a significant market share, which is characteristic of perfect competition.

Which Herfindahl-Hirschman Index Is MOST Likely to Indicate a Perfectly