Skip to content

Course home

Sign up

3.4 Market structures

EasyMediumHard
123456789101112131415161718192021222324252627282930
Question 18

With reference to the table below, calculate the three-firm concentration ratio for the offshore wind generation market in Sector Gamma. Show your workings and express your answer to two decimal places.

Offshore Wind Generation Capacity by Operator in Sector Gamma

OperatorGeneration Capacity (MW)
VentiPower1480
NordAura1220
SolasEnergy960
ZephyrGen340
OceanBreeze210
AeolusLtd180
Independent local co-operatives690
[5]
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.

Question bank