Explain how the data in Extract D (Figure 4) show that the supermarket sector is competitive.
Market Structures — AQA Past Paper Questions
2 questions on Market Structures (AQA specification 1.5.1) from the A-Level Economics papers, 2018–2022. Every question links to the official mark scheme at the page its answer begins on.
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Using Extract A, calculate the ratio of customers gained to customers lost by Nationwide. Give your answer correct to one decimal place.
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Try a broader term — for example monopoly, inflation, exchange rates, externalities or 25 marks.
Related topics
- 1.5.2 The Objectives of Firms 2 questions
- 1.5.4 Monopolistic Competition 3 questions
- 1.5.5 Oligopoly 7 questions
- 1.5.6 Monopoly and Monopoly Power 5 questions
- 1.5.7 Price Discrimination 2 questions
- 1.5.8 The Dynamics of Competition 5 questions
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