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3.4 Market structures

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Question 18

The total value of the UK digital search advertising market was £11.2 billion at the end of 2023.

Table 1: Market share of search engine providers in the UK (2023)

Search EngineMarket share (%)
Google90.5%
Bing6.8%
Yahoo1.4%
DuckDuckGo0.9%
Other0.4%

Which one of the following is the value of Google's market share?

A

£0.76 billion

B

£10.14 billion

C

£1.01 billion

D

£101.36 billion

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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