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3.4 Market structures

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Question 27

With reference to Figure 1, briefly explain the market structure that best describes the UK budget gym market.

Figure 1: Market share of the UK budget gym market, 2022, percentages

BrandMarket Share (%)
ActiveFit29%
GymNation14%
CoreHealth11%
PeakPulse8%
IronWorks6%
ZoneGyms5%
Others27%
[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.

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