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1.2.4.a Effects of competition on firms, consumers and the economy

Syllabus
2026
Objective
1.2.4
Level

1.2.4.a Effects of competition on firms, consumers and the economy

Advantages and disadvantages of competition to firms, consumers and the economy, including:

  • efficiency
  • choice
  • quality
  • innovation
  • price.
ConceptIGCSE Economics