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A-LevelEconomicsThe price system and the microeconomy9708/33 · Oct/Nov 2017 · Q81 Mark

What makes collusion between firms in an oligopolistic industry more difficult?

8A barriers to the entry of new firms B limited scope for cost reduction via innovation C significant product differentiation between firms D stability in the market demand for the product[1]

Mark scheme

Marking points from the official mark scheme (Oct/Nov 2017). The mark or mark type is shown in brackets.

[1] C

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About this question

Topic: The price system and the microeconomy, A-Level Economics (syllabus 9708). Structured question, 1 mark.
Source: A-Level Economics, Oct/Nov 2017 Paper 3 Variant 3, question 8.

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