Midterm revision sheet

Midterm revision sheet

12th Grade

•

42 Qs

quiz-placeholder

Similar activities

Domain 4: WW1 to WW2

Domain 4: WW1 to WW2

9th - 12th Grade

•

40 Qs

2020 Midterm Review

2020 Midterm Review

9th - 12th Grade

•

45 Qs

Industrialization & Reform

Industrialization & Reform

9th - 12th Grade

•

45 Qs

Ch 10 - An Age of Democracy and Progress

Ch 10 - An Age of Democracy and Progress

9th - 12th Grade

•

40 Qs

The Cold War

The Cold War

9th - 12th Grade

•

45 Qs

Domain 3: Business, Progressives, Imperialism

Domain 3: Business, Progressives, Imperialism

9th - 12th Grade

•

44 Qs

WWII Review

WWII Review

9th - 12th Grade

•

37 Qs

Unit 3 - Microeconomics

Unit 3 - Microeconomics

9th - 12th Grade

•

39 Qs

Midterm revision sheet

Midterm revision sheet

Assessment

Quiz

•

History

•

12th Grade

•

Practice Problem

•

Easy

Created by

Maitha Al Abdouli

Used 8+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

42 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In a perfectly competitive market, firms are

Price makers

Price takers

Price influencers

Price negotiators

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A market with only one seller and no close substitutes is known as

Oligopoly

Perfect competition

Monopoly

Monopolistic competition

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In which market structure do firms produce identical products?

Monopolistic competition

Oligopoly

Monopoly

Perfect competition

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In monopolistic competition, firms differentiate their products to

Increase market share

Reduce competition

Lower production costs

Create barriers to entry

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An example of an oligopoly would be the market for

Wheat

Gasoline

Perfectly competitive goods

Handcrafted jewelry

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which market structure typically has the least barriers to entry?

Perfect competition

Monopoly

Oligopoly

Monopolistic competition

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In which market structure do firms face the most competition?

Perfect competition

Monopoly

Oligopoly

Monopolistic competition

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?