Викторина: раунд 1

Викторина: раунд 1

1st - 10th Grade

11 Qs

quiz-placeholder

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Викторина: раунд 1

Викторина: раунд 1

Assessment

Quiz

Business

1st - 10th Grade

Medium

Created by

Татьяна Векшегонова

Used 5+ times

FREE Resource

11 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

TRIAL QUESTION

A monopsony is a market condition in which there are numerous suppliers and only one buyer and a small number of buyers.

True

False

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

In the monopolistic competition market, entry barriers are lower than in the oligopoly market.

True

False

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The presence of market power is one of the conditions for the implementation of price discrimination.

True

False

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

A profit-maximizing monopolist operates on an inelastic demand segment.

True

False

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Barriers that are embedded in the fundamental market conditions and that firms can not control are called exogenous.

True

False

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

if consumers expect intertemporal price discrimination in the durable goods market, they will reduce the consumption of goods today

True

False

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Resale price maintenance refers to any attempt by a manufacturer to control the price set by a dealer reselling the product.

True

False

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