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- 1. Multiple ChoiceWhich market structure is BEST indicated by the soda market?monopolypure competitionoligopolynatural monopoly
- 2. Multiple ChoiceAn industry that is dominated by a few large firms ismonopolistic competition.a monopoly.perfect competition.an oligopoly.
- 3. Multiple ChoiceThe soda market would be which type of market structure?monopolyoligopolyperfect competitionmonopolistic competition
- 4. Multiple ChoiceA formal organization of sellers or producers who regulate the production, pricing, and marketing of a productImperfect competitionMonopolyCartelMarket structure
- 5. Multiple ChoiceA group of firms combined in order to reduce competition in an industryTrustAntitrust legislationmarket shareoligopoly
- 6. Multiple Choiceconspiring among business to set the prices of competing productionpricing fixingtrustmarket shareoligopoly
- 7. Multiple ChoiceAn agreement among or between competing business to divide up in a marketmarket allocationpredatory pricingcease and orderpublic discourse
- 8. Multiple ChoiceBusinesses can "Collude" or work together to set pricesOligopolyMonopolyPerfect Competition
- 9. Multiple ChoicePepsi, Coca ColaOligopolyMonopolyPerfect Competition
- 10. Multiple ChoiceWhat would be an example of a type of a NATURAL monopoly?NFLcity water companyCoca-Cola in a schoolCBS station in Indy
- 11. Multiple ChoiceAn example of a market that is NOT an oligopoly is one for...soft drinkscarsathletic shoescorn
- 12. Multiple Choice"Senior discounts" would be an example of...predatory pricingprice discriminationfringe benefitsnon-price competition
- 13. Multiple ChoiceThis is an illegal practice of an oligopoly working together to set prices.collusionmonopolistic competitioncompetitive pricingpriceline negotiation
- 14. Multiple ChoiceIn 1982, this company was broken into several smaller companies by the governmentMicrosoftAmerican ExpressAT&TPBS
- 15. Multiple ChoiceThe most familiar international cartel is...NAFTAOPECNEXISEU
- Answer choicesTagsAnswer choicesTags