The total value of the UK grocery market was £212 billion at the end of 2023.
| Grocery Retailer | Market share (%) |
|---|---|
| Tesco | 27.3% |
| Sainsbury's | 15.2% |
| Asda | 13.7% |
| Aldi | 10.1% |
| Morrisons | 8.6% |
| Lidl | 7.8% |
| Co-op | 5.4% |
| Waitrose | 4.5% |
| Other | 7.4% |
Which of the following is the value of Sainsbury's market share?
£11.4 billion
£21.4 billion
£32.2 billion
£322.2 billion
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.