Market structures

Market structures

9th - 12th Grade

15 Qs

quiz-placeholder

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Market structures

Market structures

Assessment

Quiz

Social Studies, Other

9th - 12th Grade

Practice Problem

Hard

Created by

Brille Dolar

Used 77+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which does not belong to the group of market structures?

Monopoly

Oligopoly

Perfect Competition

Market Competition

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is the least competitive market structure?

Perfect competition

Monopolistic competition

Oligopoly

Monopoly

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is the most competitive market structure?

Perfect competition

Monopolistic competition

Monopoly

Oligopoly

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a feature of a monopolistic competition?

Numerous sellers

Product differentiation

Numerous buyers

Homogenous price

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What market structure if price is the key for competing with other firms?

Monopoly

Oligopoly

Monopolistic competition

Perfect competition

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When the revenue is equal to price, which types of market structure?

Competitive monopoly

Oligopoly

Perfect competition

All are types

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a type of market structure?

Competitive monopoly

Oligopoly

Perfect competition

All are types

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