Economics 2281 · O Level · Market structure

Market structure — practice question

Two car manufacturers agree to merge. Which result would be a drawback for customers?

  • Aincreased capital for research and development
  • Blower average costs through economies of scale
  • Creduced range of vehicles produced
  • Duse of a wider range of marketing information

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