Econ Test 2 (types of markets)
Authored by Bryanna Duddeck
Social Studies
12th Grade
Used 8+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How many firms are in a perfect competition?
Many
Few
One
Zero
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How many firms are in a monopolistic competition?
Many
Few
One
Zero
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How many firms are in a oligopoly?
Many
Few
One
Zero
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How many firms are in a monopoly?
Many
Few
One
Zero
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What types of products are in a perfect competition?
commodity
similar, but differentiated products
1 unique product
ur mom
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What types of products are in a monopolistic competition?
commodity
similar, but differentiated products
1 unique product
ur mom
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What types of products are in an oligopoly?
commodity
similar, but differentiated products
1 unique product
ur mom
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