A-LevelEconomicsThe price system and the microeconomy9708/31 · May/June 2017 · Q91 Mark

What makes it harder for a small firm to compete against large firms in the same industry? A Copyrights on the product have expired. B Customers want individual product designs. C The cost of entering the industry is low. D The industry's product is standardised.

Mark scheme

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

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Topic: The price system and the microeconomy, A-Level Economics (syllabus 9708). Structured question, 1 mark.
Source: A-Level Economics, May/June 2017 Paper 3 Variant 1, question 9.

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