DP Economics Questionbank
The advantages and disadvantages of monopoly compared with perfect competition
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[N/A]Directly related questions
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21M.1.HL.TZ1.2b:
Discuss the consequences of a perfectly competitive market becoming a monopoly market.
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17M.1.HL.TZ1.02b:
Discuss the view that perfect competition is a more desirable market structure than monopoly.
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18M.1.HL.TZ2.2b:
Discuss whether price will always be lower and output will always be higher in perfect competition compared to monopoly.
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19M.1.HL.TZ2.2b:
Examine the role of barriers to entry in making monopoly a less desirable market structure than perfect competition.
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19M.1.HL.TZ1.1b:
Evaluate the view that monopoly is an undesirable market structure as it fails to achieve productive and allocative efficiency.
