Which of the following is the best example of a perfectly competitive market? A) farming B) diamonds


4) Which of the following is the best example of a perfectly competitive market?
A) farming
B) diamonds
C) athletic shoes
D) soft drinks
E) electricity distribution
5) The Herfindahl-Hirschman Index for a monopoly is
A)1
B) 100
C) 10,000.
D) undefined.
6) amarket than in a The Herfindahl-Hirschman Index is definitely larger in a
A) monopoly; perfectly competitive
B) monopolistic competitive; monopoly
C) perfectly competitive; monopoly
D) perfectly competitive; monopolistic competitive market.