Table 1 shows the characteristics of four service markets in one region.
| Market | Number of producers | Differences between services | Ease of entry |
|---|---|---|---|
| Mobile car-washing services | 60 | Basic washes are very similar | Easy |
| Wedding photography | 60 | Styles and reputations differ greatly | Easy |
| Commercial ferry crossings | 3 | Journeys are very similar | Very difficult |
| Local cinema tickets | 2 | Location and facilities differ | Difficult |
In which market would one producer have the least freedom to set its own price?
the commercial ferry crossings market
the local cinema tickets market
the wedding photography market
the mobile car-washing services market
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.