Market structures

Which does not belong to the group of market structures?

• Monopoly

• Oligopoly

• Perfect Competition

• Market Competition

Which of the following is the least competitive market structure?

• Perfect competition

• Monopolistic competition

• Oligopoly

• Monopoly

Which of the following is the most competitive market structure?

• Perfect competition

• Monopolistic competition

• Monopoly

• Oligopoly

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

• Numerous sellers

• Product differentiation

• Numerous buyers

• Homogenous price

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

• Monopoly

• Oligopoly

• Monopolistic competition

• Perfect competition

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

• Competitive monopoly

• Oligopoly

• Perfect competition

• All are types

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

• Competitive monopoly

• Oligopoly

• Perfect competition

• All are types

If ABM firm sells its output in a market, with many sellers and buyers of

homogeneous product, and unlimited resource mobility, the structures is a/an

• monopolist

• oligopolist

• perfect competitor

• monopolistic competitor

If the ABM firm sells homogenous products in a market, with a single seller and

many buyers, for which there are no close substitutes to the products, it is a/an

• monopolist

• oligopolist

• perfect competitor

• monopolistic competitor

If ABM firm sells its differentiated products in a market, with many sellers and

buyers, the structure is a/an

• monopolist

• oligopolist

• perfect competitor

• monopolistic competition