Note AcademyNote Academy

Economics (AS & A Level) · Feb / March 2024 · Paper 32 · Question 7

9708Different market structures

In which market structure is dynamic efficiency least likely to occur?

  1. Aoligopoly
  2. Bmonopolistic competition
  3. Cmonopoly
  4. Dperfectly competitive

As printed in the paper

Show the answer

Correct answer: D. perfectly competitive

Make a free account to save your answers and see your weak topics and ask the AI why a wrong answer is wrong.