AQA A Level · 7136 · Paper 1: Markets and market failure
4.1.5.6 Monopoly
Also AQA AS 7135: 3.1.4.4
Everything you need for questions on monopoly, in the words examiners reward. An interactive seven-step lesson goes with it.
What's on this sheet
- Characteristics
- Third-degree price discrimination
- The diagrams
- Costs and benefits
- Worked example
- Classic question: is monopoly always against the public interest?
- Side 2: practice tasks, where the marks go, and exam-style questions
- Separate answer key
The lesson in seven steps
- Who serves consumers better?
- Set two prices
- What keeps rivals out?
- Monopoly trainer
- Good or bad monopoly?
- Build the chain
- Exam practice
This is part of the Exam Toolkit
Join the Exam Toolkit to open every lesson page, worksheet, diagram and chain.