Economics (AS & A Level) · May / June 2024 · Paper 32 · Question 5
9708Different market structures
Assuming the absence of price controls, in which industry is an individual firm least likely to be able to alter the price at which it sells its product?
- Aair transportation
- Bhairdressing
- Csteel production
- Dwheat farming
As printed in the paper
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Correct answer: D. wheat farming
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