Economics Quiz: Business And Market Structures
10 Questions
| Total Attempts: 413
Given the type of business or industry below, identify what kind of market structure it belongs to.
Questions and Answers
- 1.Airlines in the United States:
- A.
Perfect Competition
- B.
Monopolistic Competition
- C.
Oligopoly
- D.
Monopoly
- 2.Fruit markets:
- A.
Perfect Competition
- B.
Monopolistic Competition
- C.
Oligopoly
- D.
Monopoly
- 3.Electricity:
- A.
Perfect Competition
- B.
Monopolistic Competition
- C.
Oligopoly
- D.
Monopoly
- 4.The movie industry:
- A.
Perfect Competition
- B.
Monopolistic Competition
- C.
Oligopoly
- D.
Monopoly
- 5.The soda industry:
- A.
Perfect Competition
- B.
Monopolistic Competition
- C.
Oligopoly
- D.
Monopoly
- 6.Books:
- A.
Perfect Competition
- B.
Monopolistic Competition
- C.
Oligopoly
- D.
Monopoly
- 7.Fish market:
- A.
Perfect Competition
- B.
Monopolistic Competition
- C.
Oligopoly
- D.
Monopoly
- 8.Schools:
- A.
Perfect Competition
- B.
Monopolistic Competition
- C.
Oligopoly
- D.
Monopoly
- 9.Monsanto Seeds:
- A.
Perfect Competition
- B.
Monopolistic Competition
- C.
Oligopoly
- D.
Monopoly
- 10.Water supply:
- A.
Perfect Competition
- B.
Monopolistic Competition
- C.
Oligopoly
- D.
Monopoly
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