Market Structures
Authored by Jayson Dagcuta
Social Studies
12th Grade
Used 2+ times
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which does not belong to the group of market structures?
Monopoly
Oligopoly
Perfect Competition
Market Competition
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is the most competitive market structure?
Perfect competition
Monopolistic competition
Oligopoly
Oligopoly
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is the least competitive market structure?
Perfect competition
Monopolistic competition
Oligopoly
Monopoly
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a feature of a monopolistic competition?
Numerous sellers
Product differentiation
Numerous buyers
Homogenous price
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If ABM firm sells its product in a market, with many sellers and buyers of
homogeneous product, and unlimited resource mobility, the structures is a/an ___________?
monopolist
oligopolist
perfect competitor
monopolistic competitor
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