Monopoly and monopoly power: AQA A‑Level Economics questions
Every AQA A-Level Economics exam question on 4.1.5.6 Monopoly and monopoly power, 2020–2025, with its mark scheme and examiner’s report.
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All 9 questions on Monopoly and monopoly power, as a list
- June 2025, Paper 1, Q07 (9 marks): Extract E (line 10) states: ‘The minimum efficient scale in the water industry is large’. With the help of a diagram, explain why the large minimum efficient sc
- June 2024, AS Paper 1, Q14 (1 mark): Over time, one of the firms in the market for electric scooters acquires some monopoly power. The firm decides to restrict output below the competitive market l
- June 2023, AS Paper 1, Q07 (1 mark): Which one of the following is a source of monopoly power? [1 mark] A A firm’s objective of maximising profits B Advertising to establish a brand C High cross el
- June 2023, AS Paper 1, Q12 (1 mark): Table 1 shows the market shares of supermarkets in an economy in 2020. Table 1 Company % share of market Fresh Co 35 Food Co 28 Value Co 16 Other companies 21 I
- June 2022, AS Paper 1, Q16 (1 mark): Which one of the following is most likely to increase barriers to firms wishing to enter a market? A Government subsidies to small firms B Higher labour mobilit
- November 2021, Paper 1, Q03 (9 marks): Extract B (lines 9–10) states: ‘After the monopoly’s patent expires, other companies can manufacture and market the same drug under its generic name, usually at
- November 2021, Paper 3, Q21 (1 mark): Figure 7 shows the average and marginal revenue (AR and MR) curves and the average and marginal cost (AC and MC) curves for a firm. The firm is in equilibrium p
- November 2020, Paper 1, Q10 (25 marks): Discuss whether governments should consider increasing the regulation and taxation of technology firms which have acquired significant global monopoly power. [2
- November 2020, AS Paper 1, Q14 (1 mark): Which one of the following helps to explain why profits are likely to be lower in a perfectly competitive market than in a monopoly market? A A firm with monopo
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