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4 marksMarket Structures

CSEC Economics · May/June 2013 · Paper 2 · Question 2(d)

Explain the market structure associated with cellular phone manufacturers using THREE characteristics.

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Other parts of this question

  1. 2(a)Define 'market structure'.[2 marks]
  2. 2(b)List THREE types of market structures.[3 marks]
  3. 2(c)Using a diagram, explain market adjustments when a surplus occurs.[6 marks]

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