Economics 9708 · AS & A Level · 7.6

7.6 — practice question

A market structure where only a small number of firms compete with possible new entrants. What does this describe?

  • Aa contestable market
  • Ba monopoly
  • Cmonopolistic competition
  • Dperfect oligopoly

Worked solution & mark scheme

This 1-mark question has a full step-by-step worked solution and mark scheme.

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI