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CIPS L4M5 Exam - Topic 9 Question 104 Discussion

Where a market consists of a large producer of a product with high market power, it is known as:
C) A monopoly structure
A) A monopolistic structure
B) An oligopoly structure
D) A monopsony structure

CIPS L4M5 Exam - Topic 9 Question 104 Discussion

Actual exam question for CIPS's L4M5 exam
Question #: 104
Topic #: 9
[All L4M5 Questions]

Where a market consists of a large producer of a product with high market power, it is known as:

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Suggested Answer: C

by Vesta at Sep 27, 2026, 12:51 PM

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Stephaine
1 day ago
I'm a bit confused; could it also be an oligopoly if there are a few large producers? I need to double-check the definitions.
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Louisa
6 days ago
I remember practicing a question like this, and I think the answer is C) A monopoly structure because only one producer dominates the market.
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Dorothy
11 days ago
I think it might be a monopoly structure since it mentions a large producer with high market power, but I'm not entirely sure.
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