(a)[12]
Consider whether a rise in a company’s scale of production will always lower its costs.
(b)[13]
Analyse what is meant by a contestable market and decide whether firms that supply drugs are likely to operate in a contestable market.
Economics 9708 · AS & A Level · 7.6
Consider whether a rise in a company’s scale of production will always lower its costs.
Analyse what is meant by a contestable market and decide whether firms that supply drugs are likely to operate in a contestable market.