Table 1 describes four industries.
| Industry | Largest firms' share | Cost of entry | Branding |
|---|---|---|---|
| A | Low | Low | Weak |
| B | High | High | Strong |
| C | Low | High | Weak |
| D | Medium | Low | Weak |
Using Table 1, which industry is most likely to be an oligopoly?
Industry A
Industry B
Industry C
Industry D
149 exam-style questions on AQA GCSE Economics 1.5 Competitive and concentrated markets, covering 1.5.1a The range of market structures, 1.5.1b Distinguishing between market structures, 1.5.2a Characteristics of a competitive market, 1.5.2b How producers operate in competitive markets, 1.5.2c The economic impact of competition, 1.5.3a Characteristics of a non-competitive market, 1.5.3b How producers operate in non-competitive markets, 1.5.3c Monopoly and oligopoly, 1.5.4a The labour market and wage determination, and 1.5.4b Gross and net pay. Each one has a worked solution and a mark scheme showing where the marks go.