Economics 9708 · AS & A Level · 7.6

7.6 — practice question

The table presents four market structures. Which characteristics could be used to describe the market structure shown?

  • Amonopolistic competition; barriers to entry: low; differentiated products: no
  • Bmonopoly; barriers to entry: high; differentiated products: yes
  • Coligopoly; barriers to entry: low; differentiated products: no
  • Dperfect competition; barriers to entry: high; differentiated products: yes

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