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Card 1 of 22

Economists classify market structures using the [     ] and the market’s [     ].

A

Economists classify market structures using the level of demand and the market’s productivity.

B

Economists classify market structures using the size of firms and the market’s profitability.

C

Economists classify market structures using the number of consumers and the market’s profit margin.

D

Economists classify market structures using the number of firms and the market’s contestability.

Card 1 of 22

Background to market structures Flashcards

  1. A Level
  2. /Economics
  3. /Background to market structures

22 flashcards on Eduqas A Level Economics Background to market structures: the key terms, economic models and case studies you need to recall for Component 1, Component 2 and Component 3.

Flashcards