Edexcel IGCSE Economics 1.2.4.h Oligopoly
Practise recognising oligopoly from market evidence, especially charts where a few large firms hold most sales.
- Syllabus
- First assessment 2019
- Course
- Economics 4EC1
Exam points
- interpret a market-share figure to identify oligopoly rather than monopoly or labour market
1.2.4.h Oligopoly question 1
Market share by sales of firms in a market in Kuwait
Figure 2
Which one of the following options is the most suitable term for the type of market shown in Figure 2?
A
Monopoly
B
Oligopoly
C
Public sector
D
Labour
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