Market Structure Quiz

Quiz
•
Other
•
12th Grade
•
Medium
Cathy TANG HALES
Used 6+ times
FREE Resource
23 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This firm is making
Normal profit
Supernormal profits
Losses
Accounting profit
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This diagram illustrates
Allocative efficiency
Dynamic efficiency
Productive efficiency
Inefficiency
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This diagram illustrates
A pure monopoly
Monopsony
A natural monopoly
A duopolu
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This diagram illustrates
Firm in Per Compin the SR
Monopolists charge a higher price and lower output
Monopolists charge a lower price and lower output
Both firms are allocatively efficient
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This diagram represents
A monopolist in the long run
Per Comp in the long run
Monopolistically competitive firm in the short run
Monopolistically competitive firm in the long run
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This diagram illustrates
A profit maximising firm in per comp
A profit maximising cartel
A revenue maximising monopoly
A natural monopoly
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This diagram shows
A comparison between allocative and productive efficiency
A comparison between welfare loss in per comp versus monopoly
A comparison between revenue and profit maximisation
A rise in consumer surplus
Create a free account and access millions of resources
Similar Resources on Wayground
20 questions
Monopoly Online MCQ Quiz

Quiz
•
12th Grade
20 questions
AP Micro Unit 3

Quiz
•
12th Grade - University
20 questions
Marketing Management Study Guide EOPA (Promotion Part. II)

Quiz
•
9th - 12th Grade
20 questions
Baking Basics & Breakfast Cookery

Quiz
•
9th - 12th Grade
18 questions
Business Organizations

Quiz
•
12th Grade
20 questions
market structures

Quiz
•
11th - 12th Grade
21 questions
Chapter 3 Marketing Test

Quiz
•
9th - 12th Grade
18 questions
Monopoly

Quiz
•
12th Grade
Popular Resources on Wayground
10 questions
Lab Safety Procedures and Guidelines

Interactive video
•
6th - 10th Grade
10 questions
Nouns, nouns, nouns

Quiz
•
3rd Grade
10 questions
9/11 Experience and Reflections

Interactive video
•
10th - 12th Grade
25 questions
Multiplication Facts

Quiz
•
5th Grade
11 questions
All about me

Quiz
•
Professional Development
22 questions
Adding Integers

Quiz
•
6th Grade
15 questions
Subtracting Integers

Quiz
•
7th Grade
9 questions
Tips & Tricks

Lesson
•
6th - 8th Grade
Discover more resources for Other
10 questions
9/11 Experience and Reflections

Interactive video
•
10th - 12th Grade
20 questions
Getting to know YOU icebreaker activity!

Quiz
•
6th - 12th Grade
10 questions
Impact of 9/11 and the War on Terror

Interactive video
•
10th - 12th Grade
28 questions
Ser vs estar

Quiz
•
9th - 12th Grade
6 questions
Biography

Quiz
•
4th - 12th Grade
25 questions
ServSafe Foodhandler Part 3 Quiz

Quiz
•
9th - 12th Grade
10 questions
Fact Check Ice Breaker: Two truths and a lie

Quiz
•
5th - 12th Grade
20 questions
Macromolecules

Quiz
•
9th - 12th Grade