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An industry has a four-firm concentration ratio of 1.00 and a Herfindahl-Hirschman index of 10,000.A representative firm has a Lerner index of 0.64 and Rothschild

An industry has a four-firm concentration ratio of 1.00 and a Herfindahl-Hirschman index of 10,000.A representative firm has a Lerner index of 0.64 and Rothschild index of 1.00.Which market structure is suggested by these statistics?

Group of answer choices

perfect competition

monopoly

monopolistic competition

oligopoly

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