Economics (AS & A Level) · May / June 2025 · Paper 34 · Question 6

The tables show the market share of the five largest firms in two separate industries. industry X: firm E 32%, firm F 26%, firm G 22%, firm H 10%, firm J 5% industry Z: firm L 17%, firm M 15%, firm N 14%, firm P 12%, firm R 6% What does this data suggest is most likely?

1. AIndustry X is highly contestable.
2. BIndustry X is oligopolistic.
3. CIndustry Z has a lower level of output than industry X.
4. DIndustry Z is less competitive than industry X.

As printed in the paper