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ZIMSEC O-Level Economics

6.9.2Monopolistic competition

Monopolistic competition in ZIMSEC O-Level 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.

  1. 6.9.2.1Form 3: describe the features of monopolistic competition and explain its advantages and disadvantages.

Lessons

  • Monopolistic competition and oligopoly

    30 min

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Sample question

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

Monopolistic competition: sample question

1 mark

A fictional takeaway raises the price of a meal from US$5 to US$5.50. Its weekly sales fall from 600 to 450 meals. Calculate the percentage change in sales, to one decimal place. Give a fall as a negative number.

Answer in %.

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