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IB Economics HL 2.11.8 Hl Government Responses to Market Power Questions

Practise IB Economics HL 2.11.8 by evaluating legislation, regulation, competition policy, ownership and entry reforms that limit abuse of market power with marked exam evidence.

Syllabus
First assessment 2022
Course
Economics HL
Level
HL

Exam points

  • Explain legislation, regulation and competition policy responses to monopoly and market-power abuse.
  • Analyse government responses to barriers, concentration and monopoly using policy and market evidence.
  • Evaluate ownership, entry and intervention choices for their effects on prices, output and competition.
  • Judge the effectiveness and trade-offs of policies used to control significant market power.

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