When the Herfindahl-Hirschman Index for an industry is
A) very small, the industry can be perfectly competitive.
B) very large, the industry can be perfectly competitive.
C) 10,000, the industry is perfectly competitive.
D) very small, the industry can be a monopoly.
E) above 5,000, the industry is considered not very competitive, and when it is below 5,000, the industry is considered very competitive.
A
Economics
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Which of the following items is not a factor of production?
A. An oil rig in the Gulf of Mexico B. A ski jump in Utah C. A bank loan to a farmer D. An orange grove in Florida
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