Market structures
Quiz
•
Social Studies, Other
•
9th - 12th Grade
•
Practice Problem
•
Hard
Brille Dolar
Used 77+ times
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15 questions
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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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