Identify what can give a firm monopoly power.
AQA · 7136 / 7135
Market structures comes up in 10 questions across the AQA A Level and AS past papers (7136 / 7135), worth 22 marks between them. They run from 2020 to 2023 and appear on AS Level Paper 1.
Tariffs run from 1 to 10 marks. The commonest instructions are Multiple choice (8), State (1), Explain how (1). Specification points covered: 3.1.4.1, 3.1.4.3, 3.1.4.4, 3.1.4.5.
Identify what can give a firm monopoly power.
Likely effect when a third-placed grocer quits, given market share figures.
Which feature of firms distinguishes one market structure from another?
Complete a pie chart of 2019 oil production shares by country and group.
Which description fits conditions facing a firm under perfect competition?
Which change would make entry harder for firms wanting to join an industry?
Why a single dominant producer can cause resources to be misallocated.
Explain ways water suppliers might compete for business customers.
Best explanation for a streaming company's rapid growth in subscribers and profit.
Why profit tends to be smaller under perfect competition than under monopoly.
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