Industries X (production of plastic sheds in Canada) and Y (production of cardboard in Canada) both have four-firm concentration ratios of 16 percent, but the Herfindahl index for X is 102, while that for Y is 95. These data suggest Multiple Choice   both industries are strongly oligopolistic.   both industries are experiencing diminishing returns.   greater market power in Y than in X.   greater market power in X than in Y.   that price competition is stronger in X than in Y.

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