The​ four-firm concentration ratio for newstands is 17 and for electric lamp makers it is 89. The HHI for newstands is 105 and for electric lamp makers it is 2 comma 850. The newstand market​ ______ an example of monopolistic competition. The electric lamp market​ ______an example of monopolistic competition.

Answer :

Answer:

is; is not

Explanation:

The​ four-firm concentration ratio for newstands is 17 and for electric lamp makers it is 89. The HHI for newstands is 105 and for electric lamp makers it is 2 comma 850. The newstand market​ is an example of monopolistic competition. The electric lamp market​ is not an example of monopolistic competition

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