Business Organizations and Market Structures Quiz

Business Organizations and Market Structures Quiz

12th Grade

20 Qs

quiz-placeholder

Similar activities

JURNAL PENYESUAIAN DAN KERTAS KERJA

JURNAL PENYESUAIAN DAN KERTAS KERJA

12th Grade

15 Qs

Conceptos básicos de Sociología

Conceptos básicos de Sociología

9th - 12th Grade

20 Qs

KD 3.16 Penghapusan Sarpras

KD 3.16 Penghapusan Sarpras

12th Grade

20 Qs

UH Mobilitas Sosial

UH Mobilitas Sosial

12th Grade

15 Qs

Ethics

Ethics

12th Grade

19 Qs

Fundamental Rights Bharat #12

Fundamental Rights Bharat #12

7th - 12th Grade

17 Qs

Sholat

Sholat

9th Grade - University

20 Qs

KIỂM TRA 15 GDCD 12-BÀI 4

KIỂM TRA 15 GDCD 12-BÀI 4

12th Grade

20 Qs

Business Organizations and Market Structures Quiz

Business Organizations and Market Structures Quiz

Assessment

Quiz

Social Studies

12th Grade

Practice Problem

Hard

Created by

Denise Kansas

FREE Resource

AI

Enhance your content in a minute

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

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When a single firm controls the total production or sale of a product:

Oligopoly

Monopoly

Perfect competition

Monopolistic competition

2.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

This type of market structure exists when a few producers dominate the production of similar but differentiated products:

Oligopoly

Monopoly

Perfect competition

Monopolistic competition

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The market structure with the most control over prices is:

Perfect competition

Monopolistic competition

Oligopoly

Monopoly

4.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

What is a market?

A. A place where buyers and sellers do business

B. Retail stores

C. Online retailers

D. All of these are markets.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following market structures has the largest number of firms trying to sell their products?

Perfect competition

Monopolistic competition

Oligopoly

Monopoly

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Each of the following is a condition necessary for the existence of perfect competition EXCEPT:

the product must have many sellers and buyers available.

the product being offered by one competing firm must be identical to those offered by other firms

buyers must have easy access to information and prices available

prohibitive barriers to entry in the industry must exist

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The largest 3 or 4 firms in an industry produce 70% or more of the industry's total output, the industry is classified as:

A. perfect competition

B. Pure monopoly

C. Monopolistic competition

D. Oligopoly

Create a free account and access millions of resources

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?