Market Structures Quiz
Authored by Courtney Shirk
Social Studies
6th Grade
Used 4+ times
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17 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which market structure is characterized by having a single firm?
Pure Competition
Monopoly
Oligopoly
Monopolistic Competition
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In which market structure is it easy to enter and there are many firms?
Monopoly
Oligopoly
Pure Competition
Monopolistic Competition
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which market structure involves significant control over prices and few firms?
Pure Competition
Monopoly
Oligopoly
Monopolistic Competition
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What type of products are found in a monopolistic competition market structure?
Identical products
A unique (different) product
Similar or different products
No products
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which market structure is associated with companies having patents?
Monopoly
Pure Competition
Oligopoly
Monopolistic Competition
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In which market structure is there no control over prices?
Monopoly
Pure Competition
Oligopoly
Monopolistic Competition
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which market structure is characterized by a lot of non-price competition?
Monopoly
Pure Competition
Oligopoly
Monopolistic Competition
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