Market Structures

Market Structures

9th - 12th Grade

15 Qs

quiz-placeholder

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Market Structures

Market Structures

Assessment

Quiz

Social Studies

9th - 12th Grade

Practice Problem

Medium

Created by

Caitlyn Osborne-Parris

Used 691+ times

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15 questions

Show all answers

1.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

There are very high barriers these two structures

monopoly

monopolistic competition

oligopoly

pure / perfect competition

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

There are many buyers AND sellers in this market structure.

monopoly

monopolistic competition

oligopoly

pure/perfect competition

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Their is only one supplier in this market structure.

monopoly

monopolistic competition

oligopoly

pure / perfect competition

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which structure uses differentiation to make its products unique?

monopoly

monopolistic competition

oligopoly

pure / perfect competition

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Differentiation is _________________.

having identical products.

copying another business.

small differences that make your product unique.

having control of the market value.

6.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Fast food restaurants are an example of _______________.

differentiation.

monopolistic competition.

pure / perfect competition.

monopolies.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The farmers' market is an example of _______________.

a monopoly.

a purely/perfectly competitive market.

an oligopoly.

a monopolistic competition.

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