2.11.1 (HL)—Market structures Topic Practice
2.11.1 (HL)—Market structures Topic Practice
Students practise distinguishing market structures using real-world data, identifying defining characteristics, and applying assumptions to assess competitiveness.
How this is tested
- distinguish perfect competition from monopolistic competition by contrasting product homogeneity versus
- state two perfect competition assumptions and justify with table or diagram evidence
- identify monopoly characteristics by linking them directly to real-world cases like railways or utilities