Question types

Market Structure and Pricing question types

64 questions across 3 question groups — pick any mix to generate a Economics paper with step-by-step answer keys.

64
Questions
3
Question groups
5
Question types
Sample Questions

Market Structure and Pricing questions

One sample from each question group in this chapter. Select any group above to see the full set with answer keys.

Q 1MCQ1 Mark
a)Mono poly1)Few seller
b)Duopoly2)Single buyer
c)Oligopoly3)Single seller
d)Monopsony4)Two seller
  • A
    2 4 1 3
  • B
    3 1 4 2
  • C
     3 4 1 2
  • 1 2 3 4

Answer: D.

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Q 2MCQ1 Mark
a)Local market1)Newspaper
b)Provincial market2)Gold
c)National market3)Vegetables
d)International market4)Coffee
  • A
    1 2 3 4
  • 2 4 1 3
  • C
    4 3 2 1
  • D
    3 4 1 2

Answer: B.

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Q 4MCQ1 Mark
Differentiated products are seen in ________
  • A
    Perfect competition
  • B
    Monopoly
  •  Monopolistic competition
  • D
     Monopsony

Answer: C.

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Q 5MCQ1 Mark
Supply curve in the very short period is ________
  • A
    Horizontal
  • B
    Slopes downward
  • C
    Slopes upward
  • Vertical

Answer: D.

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