
Stock Market Structures MakeUp Test
Authored by Chris Williams
Social Studies
12th Grade
Used 5+ times

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25 questions
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1.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
How many firms are there in a perfect competition?
2.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Factors that make it difficult for new firms to enter a market are called
3.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
How many firms are there in a monopoly?
4.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
What prevents firms from entering a monopoly?
Barriers to Entry
Technology
Price
Barriers to Travel
5.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
An industry that is dominated by a few large firms is
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Market structure in which a large # of firms produce the same product no single seller controls
Outstanding competition
Solid Competition
Pure Competition
None of the above None of the above
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Product , like petroleum or milk, that is considered the same regardless of who produces it.
Constant Product
Commodity
Consistent Product
Steady Product Steady Product
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