Title: Self-check: (CU2 M1) Types of Competition
Course: SkillsCom BA 101 16.0 > Section: Credit Unit 2 Module 1

Q: Many sellers, selling identical products are called a:
- Monopoly
- Oligopoly
- Perfect competition
- Monopolistic competition
A: Perfect competition

Q: Many sellers, selling differentiated products is called a:
- Monopoly
- Oligopoly
- Perfect competiton
- Monopolistic competition
A: Monopolistic competition

Q: Very few competitors is called a:
- Monopoly
- Oligopoly
- Perfect competiton
- Monopolistic competition
A: Oligopoly