Table 1 shows changes after two cinema chains merged.
| Measure | Before merger | One year after |
|---|---|---|
| Average ticket price | £11.40 | £10.80 |
| Number of cinemas | 18 | 15 |
| Largest chain's share of screens | 37% | 64% |
| Annual investment per cinema | £120,000 | £190,000 |
Using Table 1, assess whether the merger is likely to benefit cinema customers.
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.