Market Structures Quizzes, Questions & Answers

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How good is your knowledge of the Market structures? Our MCQ quiz on this topic can help you check how much you know. Can you tell the difference between Oligoplogy and duopoly? Please read carefully and answer all questions....

Questions: 10  |  Attempts: 5186   |  Last updated: Aug 21, 2023
  • Sample Question
    In a Market structure called 'Monopoly' there will:  
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Economics is a tough topic to learn about when you’re starting off, but when you begin to appreciate how we analyze the production, distribution, and consumption of goods and services, whether it’s on a wide or narrow...

Questions: 100  |  Attempts: 583   |  Last updated: Mar 20, 2023
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    Perfect competition is defined as market structure in which:
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Explore market dynamics through 'Chapter 7 - Market Structure' quiz, addressing public goods, monopolistic competition, externalities, price determination in perfect competition, market power in monopolies, and the structure of...

Questions: 10  |  Attempts: 989   |  Last updated: Oct 22, 2025
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    Why doesn’t the market system work to provide street lighting and other public goods?  
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Given the type of business or industry below, identify what kind of market structure it belongs to.

Questions: 10  |  Attempts: 1063   |  Last updated: Mar 22, 2023
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    Ice cream in the Philippines
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An oligopoly is a type of market in which the competition is often limited and there are a limited number of consumers and sellers. Over the past week, we have been able to cover much about this type of market and below is a quiz...

Questions: 27  |  Attempts: 2658   |  Last updated: Mar 22, 2023
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    An oligopoly is a market structure in which many firms sell products that are similar but not identical 
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