KARL JOSHUA A. STA.ANA.

APPLIED ECONOMICS ACTIVITY SHEET 5 (Quarter 3, Week 5)

A. Preliminary Activities Pre-Test

1. A

2. C

3. C

4. C

5. D

6. D

7. B

8. B

9. A

10. C

IV. ACTIVITIES

INDEPENDENT ACTIVITY 1:

1. Many

2. Some

3. High

4. Complete

5. Wheat, Share of Stocks

6. Medicines, Shoes

7. Cars, Coffee Shop

8. MRT, Public Water

9. Monopoly

10. Monopoly
INDEPENDENT ASSESSMENT 1:

1. Pure (Perfect) Competition

2. Monopolistic Competition
3. Oligopoly
4. Monopoly
5. Pure (Perfect) Competition

INDEPENDENT ACTIVITY 2

1. A

2. A

3. C

4. B

5. C

6. B

7. C

8. A

9. B

10. D

INDEPENDENT ASSESSMENT 2:

1. A

2. A

3. C

4. C

5. B

6. A

7. C

8. B

9. A

10. B
INDEPENDENT ACTIVITY 3:

REFLECTION

 The term “market” refers to a specific place where merchandise is purchased and sold.
 Market structure refers to the nature and degree of competition within the market for goods
and services.
 The determinants of market structure for a particular good are: Number and Nature of Sellers,
Number and Nature of Buyers, Nature of Product, Entry and Exit Conditions, and . Economies of
Scale.
 The four market structures are: Pure (Perfect) Competition, Monopoly, Oligopoly, and
Monopolistic Competition.

IV. ASSESSMENT

1. A
2. D
3. B
4. D
5. C
6. A
7. C
8. B
9. B
10. B
Enrichment Activities

 Restaurants are famous, they are important and the economy continues to grow. They are
already part of our livelihood so that our economy will continue to grow even more. Our
economy will grow if nothing can partially stop it. Our economy will grow through integration.