Market Structure Review
Authored by Alexis Partee
Business
11th Grade
Used 1+ times
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8 questions
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1.
REORDER QUESTION
1 min • 1 pt
Organize the following market structure types from most competitive to the least competitive:
monopoly
perfect competition
oligopoly
monopolistic competition
2.
CATEGORIZE QUESTION
3 mins • 1 pt
Organize these options into the right categories
Groups:
(a) No or low barriers to entry
,
(b) High barriers to entry
Oligopoly
Monopoly
Monopolistic competition
Perfect competition
3.
CATEGORIZE QUESTION
3 mins • 1 pt
Organize these options into the right categories
Groups:
(a) Homogenous products
,
(b) Differentiated products
,
(c) Homogenous OR differentiated products
,
(d) One single product
oligopoly
monopoly
perfect competition
monopolistic competition
4.
CATEGORIZE QUESTION
3 mins • 1 pt
Organize these options into the right categories
Groups:
(a) Is allocatively inefficient
,
(b) Is allocatively efficient
perfect competition
monopoly
oligopoly
monopolistic competition
5.
DRAG AND DROP QUESTION
1 min • 1 pt
(a) is a market structure where there is a very large number of small firms, producing (b) products, with (c) to entry or exit, and perfect information. All the firms are thus price (d) .
6.
DRAG AND DROP QUESTION
1 min • 1 pt
(a) is a market structure where there are many sellers, producing (b) products, with (c) to entry.
7.
DRAG AND DROP QUESTION
1 min • 1 pt
(a) is a market structure where there are a few (b) firms that dominate the market, with (c) to entry. They are price (d) .
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