Market Structures
Quiz
•
Social Studies
•
9th - 12th Grade
•
Practice Problem
•
Medium
Caitlyn Osborne-Parris
Used 692+ times
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15 questions
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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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