Question: The table below gives some information on four industries - The C4 and the HHI for the industry, along with the Lerner Index and the

The table below gives some information on four industries - The C4 and the HHI for the industry, along with the Lerner Index and the Rothschild Index of a typical firm. Indicate whether each industry is best characterized by perfect competition, monopoly, oligopoly or monopolistic competition (there is one of each). Explain the reasons for your choices

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