Buat kuiz
masalah 1
pilihan
What defines a monopoly?
- One firm controlling the entire market
- Many firms producing identical goods
- Several firms with differentiated products
- No barriers to entry
Bilik darjah
Ikut Turutan
Universiti
Lain-lain
MONOPOLY
NUR SYASYA
9
Allow incorrect answer
Tunjukkan jawapan
public kuiz
masalah 2
pilihan
Which of the following is NOT a feature of monopoly?
- No close substitutes
- High barriers to entry
- Firms are price takers
- Single seller dominates the market
masalah 3
pilihan
Why do monopolies often face criticism?
- They lower prices too much
- They promote excessive competition
- They can exploit consumers and reduce welfare
- They eliminate government regulation
masalah 4
pilihan
Which company is cited as a natural monopoly in Malaysia?
- Telekom Malaysia
- Apple Inc.
- Tenaga Nasional Berhad (TNB)
- Maxis
masalah 5
pilihan
Apple Inc. is considered a partial monopoly due to its control over?
- Car manufacturing
- Android system
- iOS ecosystem and App Store
- Social media platforms
masalah 6
pilihan
A barrier to entry in monopoly can include all EXCEPT:
- Free market access
- Patents
- Trademarks
- Control over vital resources
masalah 7
pilihan
Which of the following industries is most likely to have natural monopolies?
- Food and beverages
- Clothing retail
- Online gaming
- Utility supply (e.g., electricity)
masalah 8
pilihan
What causes deadweight loss in monopoly?
- Perfect pricing
- High competition
- Underproduction and high pricing
- Overproduction
masalah 9
pilihan
When price is above marginal cost (P > MC), this leads to:
- Allocative efficiency
- Consumer surplus
- Allocative inefficiency
- Allocative inefficiency
masalah 10
pilihan
Governments allow monopolies in sectors like electricity because:
- It is profitable
- They discourage private investment
- Monopolies promote equality
- Infrastructure duplication is inefficient
masalah 11
pilihan
Which of the following is a direct result of allocative inefficiency in monopoly?
- Decrease in demand
- Reduced innovation
- Deadweight loss
- Lower marginal cost
masalah 12
pilihan
major challenge of monopolies is:
- Risk of consumer exploitation
- Unlimited choices for consumers
- Lower prices
- Increased innovation
masalah 13
pilihan
Why might governments intervene in monopolistic markets?
- To ensure consumer exploitation
- To promote monopoly power
- To increase firm profits
- To regulate prices and protect consumers
masalah 14
pilihan
Monopolies may operate inefficiently because they lack:
- Costly products
- Competitive pressure
- Profit
- Market power
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