Our experts have gathered these Monopoly and Antitrust MCQs through research, and we hope that you will be able to see how much knowledge base you have for the subject of Monopoly and Antitrust by answering these multiple-choice questions.
Get started now by scrolling down!
A. Equal
B. Greater
C. Smaller
D. None of the above
A. Monopoly
B. Oligopoly
C. Cartel
D. Syndicate
A. Natural monopoly
B. Natural disaster
C. Artificial monopoly
D. Market failure
A. Subsidy
B. Custom tax
C. Price discrimination
D. Sale
A. Boycott
B. Market
C. Monopoly
D. Surplus
A. Illegal barrier
B. Legal barrier
C. Natural monopoly
D. Unnatural monopoly
A. Multiple companies in an industry follow a uniform code of conduct
B. The government requires certification and training for members of a trade
C. One company controls a natural resource needed to make a product
D. One company is more efficient than any two or more other companies
A. Pure competition
B. Price makers
C. A monopoly
D. A near monopoly
A. It will lose all of its customers.
B. It will lose some of its customers.
C. It will gain many customers.
D. It will maintain the same customer base.
A. Minimize
B. Maximize
C. Have no
D. Begin making
A. 6 months
B. 10 years
C. 20 years
D. 50 years
A. Holders
B. Trolls
C. Hounds
D. Deniers
A. Too little of a good
B. Too much of a good
C. The perfect amount of a good
D. A cheap copy of a good
A. Have monopoly power
B. Are perfectly competitive
C. Create products that are completely unique
D. Create products that have good substitutes
A. 1860s
B. 1890s
C. 1910s
D. 1940s
A. Microsoft Engineering
B. The Standard Oil Trust
C. The Coca Cola Company
D. AT&T
A. Creates a price equal to marginal cost
B. Leads to a deadweight loss
C. Eliminates inefficiency
D. Prevents the producer from profiting
A. Charging different customers different prices for different goods
B. Charging different customers the same price for the same good
C. Charging different customers the same price for different goods
D. Charging different customers different prices for the same good
A. Low market power
B. Knowing who has willingness to pay
C. Ease in reselling discounted products
D. Low elasticity of demand
A. Lower price = lower revenue
B. Decreasing average total cost.
C. Stay the same, decrease