A firm's short-run cost functions depend primarily on the firm's production function and the prices of the inputs to production

Intraindustry trade tends to be more controversial than interindustry trade

Indicate whether the statement is true or false

What does the Herfindahl-Hirschman Index value near 10,000 imply about the market?

a. Pure monopoly b. Perfect competition c. Monopolistic competition d. Oligopoly