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3.4 Market structures

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Question 2

UK Domestic Gas Market Share by Active Accounts

SupplierActive Accounts (millions)
British Gas7.5
E.ON Next5.0
OVO Energy4.5
Octopus Energy4.0
EDF Energy3.0
Scottish Power2.5
Independent/Others3.5
Total30.0

Calculate the four-firm concentration ratio from the table above. You are advised to show your working.

[2]

3.4 Market structures Questions

  1. A Level
  2. /Economics
  3. /3.4 Market structures