A-LevelEconomicsThe price system and the microeconomy9708/33 · Oct/Nov 2017 · Q51 Mark
The table shows some of the assumptions of perfect competition and monopolistic competition.
- 5perfect competition monopolistic competition A identical products freedom of entry and exit B barriers to entry differentiated products C large number of firms small number of firms D differentiated products barriers to entry Which pairing is correct?[1]
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Mark scheme
Marking points from the official mark scheme (Oct/Nov 2017). The mark or mark type is shown in brackets.
- [1] A
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