Different Market Structure

Which of the following markets structure does not necessitate efforts of advertising?

• Perfect Competition

• Monopolistic

• Oligopoly

• Monopoly

Which of the following markets structure has some degree in control of the price depends on the quality of the products?

• Perfect Competition

• Monopolistic Competition

• Oligopoly

• Monopoly

Which of the following markets structure has limited to few entries to barriers of producers?

• Perfect Competition

• Monopolistic Competition

• Oligopoly

• Monopoly

Which of the following markets structure is commonly observed in public utilities economy?

• Perfect Competition

• Monopolistic Competition

• Oligopoly

• Monopoly

Image shows is a good example of what market structure?

• Perfect Competition

• Monopolistic Competition

• Oligopoly

• Monopoly

Image shows is a good example of what market structure?

• Perfect Competition

• Monopolistic Competition

• Oligopoly

• Monopoly

Image shows is a good example of what market structure?

• Perfect Competition

• Monopolistic Competition

• Oligopoly

• Monopoly

Image shows is a good example of what market structure?

• Perfect Competition

• Monopolistic Competition

• Oligopoly

• Monopoly

Which of the following market structure should ensure the price exceeds ATC and balance MC to maximize the profit?

• Perfect Competition

• Monopolistic Competition

• Oligopoly

• Monopoly

What do firms in a perfectly competitive market aim to maximize by producing where marginal revenue equals marginal cost?

• Market share

• Revenue

• Profits

• Costs