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Match the type of market structure with each example.

  • Question 6b of 10 - Market structures

  • Maximum Attempts: 1
  • Question Type: Multiple Choice
  • Maximum Score: 2
  • Question: Match the type of market structure with each example.
  • Answers:
  1. Pure competition. Online auctioning
  2. Monopoly. Water and sewer service
  3. Monopolistic competition. Video rental stores
  4. Oligopoly. Digital camera makers

The correct answer is: pure competition: online auctioning; monopoly: water and sewer service; monopolistic competition: video rental stores; oligopoly: digital camera makers.

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