Econ: Types of Markets
Authored by James Godoy
Social Studies
9th - 12th Grade
Used 15+ times
AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
20 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Everyone is selling the exact same product...
Perfect Competition
Monopolistic Competition
Oligopoly
Monopoly
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
There are a lot of sellers (over 100) and plenty of buyers
Perfect Competition
Monopolistic Competition
Oligopoly
Monopoly
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
No single seller has enough power to influence the market
Perfect Competition
Monopolistic Competition
Oligopoly
Monopoly
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This market is easy for sellers to enter and easy to exit
Perfect Competition
Monopolistic Competition
Oligopoly
Monopoly
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
There is no advertising for these types of products.
Perfect Competition
Monopolistic Competition
Oligopoly
Monopoly
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Examples of this type are: farm products, salt, snow shoveling services in a big city with lots of snow
Perfect Competition
Monopolistic Competition
Oligopoly
Monopoly
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In this market, everyone sells a product that is slightly different than everyone else.
Perfect Competition
Monopolistic Competition
Oligopoly
Monopoly
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports
Continue with Google
Continue with Email
Continue with Classlink
Continue with Clever
or continue with
Microsoft
%20(1).png)
Apple
Others
Already have an account?
