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Cambridge IGCSE Economics

3.7Types of markets

Types of markets in Cambridge IGCSE Economics: what the syllabus expects you to know, the learning objectives and how to practise.
Subtopic29 practice questions2 lessons

In this topic

Lessons

  • Competitive markets and perfect competition

    30 min

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  • Monopoly

    30 min

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Sample question

A sample question on this topic. Answer it, check it, then read the worked answer.

Types of markets: sample question

1 mark

In a competitive market a firm can raise its price well above its rivals' prices without losing customers.

Is the statement true or false?

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