Economics Quiz: Business And Market Structures

10 Questions | Total Attempts: 670

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Economics Quizzes & Trivia

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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