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The HHI for automobiles is 2,350, for sporting goods it is 161, for batteries it is 2,883, and for jewelry it is 81. Which of these markets is an example of monopolistic competition?

The HHI for automobiles is 2,350, for sporting goods it is 161, for batteries it is 2,883, and for jewelry it is 81. Which of these markets is an example of monopolistic competition?

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Microeconomics

Microeconomics

ISBN: 978-1292094632

12th edition

Authors: Michael Parkin

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Question Details
Chapter # 14
Section: Problems and Applications
Problem: 11
Posted Date: June 18, 2019 07:36:35
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