A-LevelEconomicsMarket StructuresOct/Nov 2018Paper 3 Q71 Mark
The table shows four market structures. | market structure | barriers to entry | differentiated products | |---|---|---| | A monopolistic competition | low | no | | B monopoly | high | yes | | C oligopoly | low | no | | D perfect competition | high | yes | Which characteristics could describe the market structure shown? A monopolistic competition low no B monopoly high yes C oligopoly low no D perfect competition high yes
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