Types of Markets
Authored by Andres Da Forno
Social Studies
3rd Grade
Used 3+ times
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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Products that are the same no matter who produces them
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
describes a market where there are many small firms producing homogeneous goods
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Products that only differ slightly from their competition and sell at different prices in different markets
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
occurs in a market where there are a large number of businesses controlling a small portion of the market share
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
market dominated by a small number of businesses
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
occurs if there is only one provider for a product
7.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
____________ market has absolutely no control over the price prevailing in the market
Oligopoly
Perfect Competition
Monopolistic Competition
Monopoly
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