ATARMAxxing · QCE Year 11 Economics revision notes

Case option A: Market concentration

Unit 2: Modified markets · Unit 2 Topic 2 (schools choose two of three case options)
U2 · Unit 2 Topic 2 (schools choose two of three case options)

What this note covers

  1. Market concentration, market power and the three efficiencies
  2. Evidence of concentration and how competitive pressure shapes behaviour
  3. Private and social costs and benefits of concentrated markets
  4. The ACCC, the courts and government strategies to increase competition

4 sections · 10 key terms & formulas · 5 common mistakes

Common questions

What does the QCE Year 11 Economics note "Case option A: Market concentration" cover?

This note has 4 sections on Case option A: Market concentration. It includes 10 key terms and formulas, plus 5 common mistakes. It covers U2, Unit 2 Topic 2 (schools choose two of three case options). The full section list is shown under “What this note covers”.

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QCE Year 11 Economics · revision note 5 of 7