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2.5 Competition

2.5 Competition

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Question 9

Why might a producer spend more on advertising when competition increases?

[1]
A

To make demand for the whole market disappear

B

To guarantee that rivals leave immediately

C

To differentiate its product and gain market share

D

To prevent consumers receiving information

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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