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This test is run by .
Note that your final mark will not be saved in the system.

Oligopoly Categorise

Target Level

Running Total

Attempt

1 of 1

Click on an item, then click on a category to place it. Or, drag and drop the item into the correct category. Organise all items before clicking 'Check'.

Classify the following features into oligopoly and contestable markets.

Oligopoly

Contestable market

Zero sunk costs

High levels of interdependence

Existence of barriers to entry

Always a threat of new entrance

Firms may enjoy economies of scale

No exit barriers

Possibility of collusion

Equal access to technology

Absence of barriers to entry

Few large firms

This is your 1^st attempt! You get 1 marks for each one you get right first time. Good luck!

Pass Mark

70%