Unit 4 prep quiz
Authored by Jana Lane
Social Studies
12th Grade
Used 6+ times
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12 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Unlimited liability
Sole Proprietorship
Corporation
2.
REORDER QUESTION
1 min • 1 pt
Most Competitive to Least Competitive
Perfect Competition
Monopolistic Competition
Monopoly
Oligopoly
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Can price fix or collude to raise prices
Monopolistic Competition
Oligopoly
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Can't afford to advertise because it is a price taker
Perfect Competition
Monopoly
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Often regulated by the government to prevent high prices.
Monopolistic Competition
Monopoly
6.
REORDER QUESTION
1 min • 1 pt
Sort from easiest to hardest to enter
Perfect Competition
Monopolistic Competition
Monopoly
Oligopoly
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Products are all effectively the same
Perfect Competition
Monopolistic Competition
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