O-LevelEconomicsGovernment and the macroeconomy2281/11 · May/June 2020 · Q151 Mark

How is a government most likely to prevent the growth of monopolies?

Aby encouraging mergers in the private sector

Bby establishing nationalised industries

Cby promoting the benefits of economies of scale

Dby reducing barriers to entry into an industry

✓ Correct answer

D: by reducing barriers to entry into an industry

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Topic: Government and the macroeconomy, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, May/June 2020 Paper 1 Variant 1, question 15.

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