Subsection 3.8. Market structure for Economics, O Level - revisedeck

3.8. Market structure

A subsection of Economics, 2281, through 3. Microeconomic decision makers

Listing 10 of 36 questions

What is a difference between a monopoly and a perfectly competitive firm?

2281_w13_qp_12

MCQ

2013

Paper 1, Variant 2

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Why might a government encourage a monopoly?

2281_w13_qp_12

MCQ

2013

Paper 1, Variant 2

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Why might a government encourage a monopoly?

2281_w13_qp_13

MCQ

2013

Paper 1, Variant 3

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What characteristics are found in a monopoly?

2281_w15_qp_12

MCQ

2015

Paper 1, Variant 2

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The table shows characteristics of a market. What are the characteristics of a perfectly competitive market?

2281_w18_qp_13

MCQ

2018

Paper 1, Variant 3

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Which combination of characteristics correctly describes a monopoly?

2281_w19_qp_12

MCQ

2019

Paper 1, Variant 2

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In which type of industry is a firm most likely to make a large profit in the short run and in the long run?

2281_w23_qp_12

MCQ

2023

Paper 1, Variant 2

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A competitive industry becomes a monopoly. What is the most likely advantage for consumers?

2281_w24_qp_12

MCQ

2024

Paper 1, Variant 2

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What is correct about a monopoly?

2281_s10_qp_11

MCQ

2010

Paper 1, Variant 1

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What is correct about a monopoly?

2281_s10_qp_12

MCQ

2010

Paper 1, Variant 2

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Questions Discovered

36