Four Market Structures
Authored by Jonathan Amidon
Social Studies
9th - 12th Grade
Used 49+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
In perfect competition, the product is differentiated
2.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
In monopolistic competition there are many buyers and sellers
3.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Non-price competition is the use of ads, giveaways, or promotions to win customers
4.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
In which market structure is there the LEAST competition?
5.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
In which market structure is there the MOST competition?
6.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
The jeans industry would fall into what type of market structure? ( jeans are similar but there are some differences in the product)
7.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Which scenario is an example of a monopoly?
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