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Author Question: The Herfindahl-Hirschman Index is definitely larger in a ________ market than in a ________ market. ... (Read 122 times)

jeatrice

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on: Jun 29, 2018
The Herfindahl-Hirschman Index is definitely larger in a ________ market than in a ________ market.
 
  A) monopoly; perfectly competitive
  B) monopolistic competitive; monopoly
  C) perfectly competitive; monopoly
  D) perfectly competitive; monopolistic competitive

Question 2

In a perfectly competitive market, the market supply curve is the sum of the
 
  A) supply curves of all the individual firms.
  B) average variable cost curves of all the individual firms.
  C) average total cost curves of all the individual firms.
  D) average fixed cost curves of all the individual firms.


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ryhom

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


jeatrice

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

mammy1697

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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