1. All of the following are types of imperfect competition EXCEPT

A) monopoly.
B) cartel.
C) oligopoly.
D) monopolistic competition.
E) perfect competition.

2. Which two types of competitions have many sellers?

i) perfect competition
ii) monopolistic competition
iii) oligopoly
iv) cartel
v) monopoly

A) i) and ii) only
B) i) and iii) only
C) ii) and iii) only
D) ii) and iv) only
E) iii) and iv) only

3. The type of market structure that has few competitors is

A) a perfectly competitive firm.
B) a monopolistically competitive firm.
C) an oligopoly.
D) a cartel.
E) a monopoly.