A-LevelEconomicsThe price system and the microeconomy9708/33 · May/June 2018 · Q81 Mark
A Hawker Centre where there are many outdoor stalls is a popular and cheap place to eat in Singapore. They sell a large variety of food but many sell the same dishes cooked in different ways. The cost of setting up a stall is low and prices charged are very similar. Of which market structure is this an example?
- Amonopolistic competition
- Bmonopoly
- Coligopoly
- Dperfect competition
Mark scheme
Marking points from the official mark scheme (May/June 2018). The mark or mark type is shown in brackets.
- [1] A
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