
Business Organizations and market structure Worksheet
Authored by Denise Vosika
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10th Grade
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25 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec ⢠1 pt
What is product differentiation?
2.
MULTIPLE CHOICE QUESTION
30 sec ⢠1 pt
Which market structure has product differentiation and easy entry and exit?
3.
MULTIPLE CHOICE QUESTION
30 sec ⢠1 pt
Which of the following is an example of an oligopoly?
4.
MULTIPLE CHOICE QUESTION
30 sec ⢠1 pt
What is a business that is owned by stockholders and recognized as a separate entity called?
5.
MULTIPLE CHOICE QUESTION
30 sec ⢠1 pt
Which market structure is characterized by many small firms, homogenous products, and no market power?
6.
MULTIPLE CHOICE QUESTION
30 sec ⢠1 pt
What is a disadvantage of a partnership compared to a corporation?
7.
MULTIPLE CHOICE QUESTION
30 sec ⢠1 pt
What is an advantage of a sole proprietorship?
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