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.
- Pure competition. Online auctioning
- Monopoly. Water and sewer service
- Monopolistic competition. Video rental stores
- 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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