Discuss how the divorce of ownership from control may affect both the conduct and performance of firms.
The Objectives of Firms — AQA Past Paper Questions
2 questions on The Objectives of Firms (AQA specification 1.5.2) from the A-Level Economics papers, 2019–2021. Every question links to the official mark scheme at the page its answer begins on.
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Discuss the validity of the traditional economic assumption that the main objective of firms is to maximise profits.
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Try a broader term — for example monopoly, inflation, exchange rates, externalities or 25 marks.
Related topics
- 1.5.1 Market Structures 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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