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The Impact Of The Oil Market On The Socio-Economic Development Of Russia

Table 2: Numerical boundaries of HT values to determine the type of competition in the market

Numerical boundaries of HT The type of competition
0 Perfect Competition
0 < HT < 0.3 The market is close to perfect competition
0.3 ≤HT < 0.5 Monopolistic Competition Market
0.5 ≤HT < 0.7 Oligopoly market
0.7 ≤HT < 0.9 There are companies on the market with dominant position
0.9 ≤HT ≤ 1 Monopoly
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