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2.5 Competition

2.5 Competition

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Question 8

Which change is most likely to increase non-price competition?

[1]
A

A firm improves after-sales service

B

All firms agree to reduce output

C

A firm cuts the price of every product

D

A firm stops advertising and product development

Markscheme

2.5 Competition Questions

  1. GCSE
  2. /Economics
  3. /2.5 Competition

28 exam-style questions on OCR GCSE Economics 2.5 Competition, covering 2.5.1 Why producers compete, 2.5.2 How competition affects price, 2.5.3 Economic impact of competition, and 2.5.4 Monopoly and oligopoly. Each one has a worked solution and a mark scheme showing where the marks go.

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