Cambridge IGCSE Economics
3.7.1Competitive markets
Competitive markets in Cambridge IGCSE Economics: what the syllabus expects you to know, the learning objectives and how to practise.
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Learning objectives
What the syllabus expects you to be able to do.
- 3.7.1Explain the characteristics, advantages and disadvantages of competitive markets and the effect of many firms on price, quality, choice and profit (no diagrams).
Lessons
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Competitive markets and perfect competition
30 min
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Sample question
A sample question on this topic. Answer it, check it, then read the worked answer.
Turn Competitive markets into a strength.
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