With reference to Figure 1, briefly explain the market structure that best describes the UK budget gym market.
| Brand | Market Share (%) |
|---|---|
| ActiveFit | 29% |
| GymNation | 14% |
| CoreHealth | 11% |
| PeakPulse | 8% |
| IronWorks | 6% |
| ZoneGyms | 5% |
| Others | 27% |
40 exam-style questions on Edexcel A A Level Economics 3.4.4 Oligopoly. Each one has a worked solution and a mark scheme showing where the marks go.