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3.4 Market structures

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Question 11

Table 1: Market share of smart electric vehicle (EV) charging network providers in the domestic market

Charging Network ProviderMarket Share (%)
SparkCharge31.4%
VoltNode24.8%
Electron Flow16.5%
CurrentGrid12.3%
NovaPower6.2%
Others8.8%

With reference to the table above, explain the market structure of the domestic smart electric vehicle (EV) charging network provider market.

[4]
Markscheme

3.4 Market structures Questions

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

92 exam-style questions on Edexcel A A Level Economics 3.4 Market structures, covering 3.4.1 Efficiency, 3.4.2 Perfect competition, 3.4.3 Monopolistic competition, 3.4.4 Oligopoly, 3.4.5 Monopoly, 3.4.6 Monopsony, and 3.4.7 Contestability. Each one has a worked solution and a mark scheme showing where the marks go.

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