What Is the Correct Market Structures in Order from the Highest

question 61

Multiple Choice

What is the correct market structures in order from the highest number of sellers to the lowest?

• A) perfect competition, monopolistic competition, oligopoly, monopoly
• B) oligopoly, perfect competition, monopoly, monopolistic competition
• C) perfect competition, oligopoly, monopolistic competition, monopoly
• D) monopoly, oligopoly, monopolistic competition, perfect competition

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Definitions:

PERT

Project Evaluation and Review Technique, a planning and control tool for managing complex projects.

Continuous Analysis

The ongoing assessment and examination of data or processes to inform decision-making and improve outcomes.

Value Chain

The sequence of activities an organization performs to design, produce, market, deliver, and support its product.

Periodic Analysis

The evaluation of business activities at regular, specified intervals to assess performance.