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Last semester, during a test, a student calculated the HHI for an industry and found HHI=10,500. What can you conclude? A. The student made some
Last semester, during a test, a student calculated the HHI for an industry and found HHI=10,500. What can you conclude? A. The student made some computational errors. O B. The market is monopolistic. O C. There is free exit and free exit in the market. D. The student made some computational errors, the correct answer should be 15,000. E. The market is close to perfectly competitive or monopolistically competitive
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