Monopoly Notes & Questions (A-Level, IB)

Related Exam Boards: GCE A-Level, IB (HL), Edexcel (A2), OCR, AQA, Eduqas, WJEC

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Monopoly is when there is only one firm in the market. It can restrict competition and create a cost to society through market failure. A naturally occurring example is the railway industry where there is likely to be one firm managing the entire infrastructure due to the huge fixed cost in building the railway.

Monopoly Revision Notes

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Monopoly MC Question with answers (GCE A-Level)

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Monopoly Exam Question (IB)

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