Specification point 3.4.7 · Theme 3
Market structures · Business behaviour and the labour market
Questions tagged to this specification point
5 questions
Long-form evaluation and discussion
Evaluate the level of contestability in the fragrance industry or another industry of your choice.
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Case study · Hand car wash (HCW) firms in the UK
Evaluate the microeconomic and macroeconomic factors which determine the number of firms in an industry. Refer to HCWs or another industry of your choice.
Questions built around exam extracts
Case study · Digital markets
With reference to the information provided, assess whether the market for video game development is contestable.
Case study · UK branded coffee shop chains market
With reference to the information provided, discuss whether the coffee shop market is contestable.
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Case study · The UK energy market
With reference to Extract A, discuss the likely effectiveness of ‘measures to open up and increase competition’ in the UK energy market.
Focused calculations, explanations and diagrams
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Quick checks of economic understanding
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