how a market is organized based on the number of businesses competing for sales in an industry
Market Structure
7th Grade
•6 Qs
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untitled
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Market Structure
Quiz
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Business
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7th Grade
•
Medium
Kaylei Scheible
Used 28+ times
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6 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Market Structre
Monopoly
Oligopoly
Monopolistic Competition
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a market structure with one business that has complete control of a market’s entire supply of goods or services
Market Structre
Monopoly
Oligopoly
Monopolistic Competition
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a market structure with a small number of businesses selling the same or similar products
Monopoly
Oligopoly
Imperfect Competition
Monopolistic Competition
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a large number of businesses selling similar, but not the same, products and at different prices
Monopoly
Oligopoly
Imperfect Competition
Monopolistic Competition
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Monopolistic competition is also known as ________?
Monopoly
Oligopoly
Imperfect Competition
Perfect Competition
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
characterized by a large number of businesses selling the same product at the same prices
Monopoly
Oligopoly
Imperfect Competition
Perfect Competition
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