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1.5 Perfect competition, imperfectly competitive markets and monopoly

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Question 4

Using Extract D, identify two main features of the global market for cloud infrastructure services (IaaS/PaaS) in 2023.

Extract D: Major providers supplying the global cloud infrastructure market, 2023

Service ProviderMarket share (%)
Amazon Web Services (AWS)31.2
Microsoft Azure24.5
Google Cloud10.8
Alibaba Cloud4.8
Salesforce3.6
IBM Cloud2.5
Oracle Cloud2.2
Tencent Cloud1.9
United States boutique hosts8.5
European regional hosts6.2
Others3.8
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1.5 Perfect competition, imperfectly competitive markets and monopoly Questions

  1. A Level
  2. /Economics
  3. /1.5 Perfect competition, imperfectly competitive markets and monopoly

136 exam-style questions on AQA A Level Economics 1.5 Perfect competition, imperfectly competitive markets and monopoly, covering 1.5.1 Market structures, 1.5.2 The objectives of firms, 1.5.3 Perfect competition, 1.5.4 Monopolistic competition (A-level only), 1.5.5 Oligopoly (A-level only), 1.5.6 Monopoly and monopoly power, 1.5.7 Price discrimination (A-level only), 1.5.8 The dynamics of competition and competitive market processes, 1.5.9 Contestable and non-contestable markets (A-level only), 1.5.10 Market structure, static efficiency, dynamic efficiency and resource allocation (A-level only), and 1.5.11 Consumer and producer surplus (A-level only). Each one has a worked solution and a mark scheme showing where the marks go.

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