Economics

If company A competes with several firms in the industry but with product homogeneous to their offers on shelves, what market structure does it enter

• Oligopoly

• Monopoly

• Monopolistic

• Perfect

If Company BX competes with few large firms in the industry but with differentiated products they offer on shelves, what market structure does it enter?

• Monopoly

• Oligopoly

• Monopolistic

• Perfect

If there are several barriers on the entry and exit of firms in the industry due to huge amount of capital needed, what market structure are they in?

• Monopoly

• Oligopoly

• Monopolistic

• Perfect

If company X is the only provider of electricity energy in Metro Manila, what market structure does it join?

• Perfect

• Oligopoly

• Monopoly

• Monopolistic

ABM Supermarket has joined many and small marketers in the industry with several competitors selling the same products.What market structure does it join?

• Monopoly

• Oligopoly

• Monopolistic

• Perfect