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Correct Answer: D) All of the above.
Correct Answer: C) Joins another company to form a single firm.
Correct Answer: C) Barriers to entry.
Correct Answer: B) 5.
Correct Answer: D) Collusion.
Correct Answer: C) Natural Monopoly.
Correct Answer: D) Monopoly.
Correct Answer: B) Owners have complete control of the business.
Correct Answer: B) A product that is the same no matter who produces it, such as petroleum, notebook paper, or milk.
Correct Answer: A) Because it would cost much more for two companies to offer power within a community, there is usually only one.
Correct Answer: C) High start-up costs, economies of scale, legal barriers, control of essential resources, and strong brand loyalty.
Correct Answer: C) Pure Competition.
Correct Answer: D) Perfect Competition.
Correct Answer: B) Partnership.
Correct Answer: A) Perfect Competition.
Correct Answer: D) All of these.
Correct Answer: B) Macroeconomics.
Correct Answer: B) Tragedy of the Commons.
Correct Answer: B) Monopoly is a market structure with one seller, while perfect competition has many sellers. tagsSSEMI3.
Correct Answer: D) Double taxation.
Correct Answer: D) Differentiated products, some control over price, easy entry and exit, non-price competition.
Correct Answer: C) Perfect Competition.
Correct Answer: C) Monopolistic Competition.
Correct Answer: C) Trust.
Correct Answer: A) Monopoly.