The Correct Ranking of the Four Basic Market Structures from Low

The correct ranking of the four basic market structures from low HHI (Herfindahl-Hirschaman Index) to high HHI is

A) monopolistic competition, perfect competition, oligopoly, monopoly.
B) perfect competition, oligopoly, monopolistic competition, monopoly.
C) monopoly, oligopoly, monopolistic competition, perfect competition.
D) perfect competition, monopolistic competition, oligopoly, monopoly.
E) monopoly, monopolistic competition, oligopoly, perfect competition.

Correct Answer:

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