Heinemann Economics AS and A2 for OCR

Heinemann Economics AS and A2 for OCR

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This text offers clear examples, key ideas and activities to ensure full access to the economics specification. It also includes exam hints contributed by an examiner from the relevant board.Firms with monopoly power can charge higher prices, incur higher costs, and restrict customer choice. Thinking like an ... up prices. In other words, a monopolist provides goods or services for which there are few close substitutes. ... Thus, a Mazda 323 is nearly Ap5, 000 more expensive in the UK than in the rest of Europe.

Title:Heinemann Economics AS and A2 for OCR
Author: Susan Grant, Chris Vidler
Publisher:Heinemann - 2004-02-01

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