
Oligopoly
Authored by Gilbert Velasquez
Social Studies
12th Grade
Used 154+ times

AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
7 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How might an oligopoly control prices?
Collusion
Price leadership
Nonprice competition
All of the above
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Differentiation is _________________.
having identical products.
copying another business.
small differences that make your product unique.
having control of the market value.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Car producers are an example of
monopoly
oligopoly
monopolistic competition
pure / perfect competition
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following best describes an oligopoly?
many monopolistically competitive firms
a few firms sharing monopoly power
a former monopoly that has been broken up by the government
a government-granted franchise or monopoly
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Collusion most frequently occurs in industries that are
oligopolistic
monopolistically competitive
monopolistic
perfectly competitive
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Collusion is difficult for an oligopoly to maintain
Because antitrust laws make collusion illegal
Because, in the case of oligopoly, self-interest is in conflict with cooperation
If additional firms enter of the oligopoly
For all the above reasons
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
conspiring among business to set the prices of competing production
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?
Similar Resources on Wayground
11 questions
Influences on Business (Prelim Business Studies)
Quiz
•
9th - 12th Grade
10 questions
Business Organizations and Market Structures
Quiz
•
12th Grade
10 questions
Supply and Demand Vocabulary
Quiz
•
11th Grade - University
10 questions
Oligopolies
Quiz
•
12th Grade
11 questions
Economic Review
Quiz
•
12th Grade
10 questions
Sociological Theories Quiz
Quiz
•
12th Grade
10 questions
Do Now MS pt 1
Quiz
•
12th Grade
11 questions
Chapter 5 Vocabulary Quiz (Market Structures)
Quiz
•
9th - 12th Grade
Popular Resources on Wayground
7 questions
History of Valentine's Day
Interactive video
•
4th Grade
15 questions
Fractions on a Number Line
Quiz
•
3rd Grade
20 questions
Equivalent Fractions
Quiz
•
3rd Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
22 questions
fractions
Quiz
•
3rd Grade
15 questions
Valentine's Day Trivia
Quiz
•
3rd Grade
20 questions
Main Idea and Details
Quiz
•
5th Grade
20 questions
Context Clues
Quiz
•
6th Grade
Discover more resources for Social Studies
16 questions
USHC 4.8 Immigration and Urbanization
Quiz
•
9th - 12th Grade
15 questions
Renaissance & Reformation Benchmark
Quiz
•
9th - 12th Grade
18 questions
French Revolution
Quiz
•
8th - 12th Grade
64 questions
USHC 4 Key Terms 22-23
Quiz
•
11th Grade - University
25 questions
Enlightenment and Revolution review
Quiz
•
9th - 12th Grade
7 questions
World Civ Unit 5 Vocab
Quiz
•
12th Grade
60 questions
Unit 11 Imperialism
Quiz
•
8th - 12th Grade
20 questions
USHC 4.3 Labor Unions to Populist Movement
Quiz
•
9th - 12th Grade