The Herfindahl-Hirschman Index is definitely larger in a ________ ...

[jeatrice]

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.

[ryhom]

Answer to Question 1

A

Answer to Question 2

A

[jeatrice]

Great answer, keep it coming

[yeungji]

YES! Correct, THANKS for helping me on my review