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Which of the following is NOT a type of market structure?

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Question: Which of the following is NOT a type of market structure?

Options:

  1. Perfect competition
  2. Monopoly
  3. Oligopoly
  4. Bureaucracy

Correct Answer: Bureaucracy

Solution: 

Bureaucracy is not a type of market structure; the other three are recognized market structures.

Which of the following is NOT a type of market structure?

Practice Questions

Q1
Which of the following is NOT a type of market structure?
  1. Perfect competition
  2. Monopoly
  3. Oligopoly
  4. Bureaucracy

Questions & Step-by-Step Solutions

Which of the following is NOT a type of market structure?
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