Market Structures Quiz

Market Structures Quiz

12th Grade

18 Qs

quiz-placeholder

Similar activities

Vocabulary List #9

Vocabulary List #9

KG - University

19 Qs

Economics 101

Economics 101

7th - 12th Grade

19 Qs

Market Structures

Market Structures

9th - 12th Grade

17 Qs

Market Structures

Market Structures

9th - 12th Grade

18 Qs

Econ 2nd Sem Sec 1

Econ 2nd Sem Sec 1

11th - 12th Grade

13 Qs

Progressive Era Vocab

Progressive Era Vocab

8th - 12th Grade

15 Qs

Market Structures & Business Organizations

Market Structures & Business Organizations

12th Grade

18 Qs

ECON Book Final Part 2

ECON Book Final Part 2

KG - 12th Grade

16 Qs

Market Structures Quiz

Market Structures Quiz

Assessment

Quiz

History

12th Grade

Easy

Created by

Michael Addison, Jr.

Used 4+ times

FREE Resource

18 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Definition: A business owned by stockholders who share in its profits but are not personally responsible for its debts.

Partnership

Monopoly

Corporation

Liability

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Definition: The number and relative size of firms in an industry.

Product Differentiation

Oligopoly

Monopoly

Market Structure

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Definition: How long a business will live.

Lifespan

Reach

Lifetime

Flexibility

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A market in which there are many buyers but only one seller.

Monopoly

Oligopoly

Pure Competition

Corporation

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The owner is personally and fully responsible for all losses and debts of the business.

Unlimited Liability

Double Taxation

Partnership

Taxation

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business in which two or more persons combine their assets and skills.

Partnership

Corporation

Limited Liability

Sole Proprietorship

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Definition: real or imagined differences between competing products in the same industry

Services Differentiation

Product Positioning

Product Differentiation

Market Segmentation

Create a free account and access millions of resources

Create resources
Host any resource
Get auto-graded reports
or continue with
Microsoft
Apple
Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?