(a)[12]
Some firms can exert influence over their market. Explain what this means and think about why this influence may alter in a contestable market.
(b)[13]
Discuss the different aims a firm may have in order to keep producing.
Economics 9708 · AS & A Level · 7.6
Some firms can exert influence over their market. Explain what this means and think about why this influence may alter in a contestable market.
Discuss the different aims a firm may have in order to keep producing.