Which of the following is the best example of a perfectly competitive market?

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.

perfectly competitive market

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