Competition: OCR GCSE Economics questions
Every OCR GCSE Economics exam question on 2.5 Competition, 2021–2025, with its mark scheme and examiner’s report.
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Calculations
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Q21(d)(ii)
The whole paper ↗0 wordsQ21(d)(iii)
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Q21(b)
The whole paper ↗0 wordsQ22(d)(iii)
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Q22(c)
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- Your answer
- Your answer
Q21(d)(iii)
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- Your answer
Q22(d)(i)
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All 16 questions on Competition, as a list
- June 2025, Paper 1, Q5 (1 mark): The actions of one firm in a market has a considerable effect on other firms. What type of market is this most likely to be? A Competitive B Monopoly C Oligopol
- June 2025, Paper 1, Q21(d)(ii) (2 marks): State two reasons why businesses compete. 1 2 [2]
- June 2025, Paper 1, Q21(d)(iii) (6 marks): (iii)* Evaluate the extent to which competition is beneficial for consumers. Use the information given in Extract 1 and your own knowledge. [6]
- June 2024, Paper 1, Q18 (1 mark): Price competition typically leads to firms in the market reducing their prices. What is most likely to happen to a firm which does not reduce its price? It will
- June 2024, Paper 1, Q21(b) (2 marks): Explain how an oligopoly, such as OPEC, differs from a competitive market. [2]
- June 2024, Paper 1, Q22(d)(iii) (6 marks): (iii)* Evaluate why it would be important for Amir and Nina to compete more effectively with their rivals. Use the information given in Extract 2 and your own k
- June 2023, Paper 1, Q11 (1 mark): A characteristic of a monopoly is that there is an absence of A competition B economies of scale C opportunity cost D productivity [1]
- June 2023, Paper 1, Q17 (1 mark): What would be the best advice for a new business entering the restaurant market? A Cut the profits on its products B Extend the range of its products C Reduce i
- June 2023, Paper 1, Q22(c) (6 marks): Using a diagram, analyse the effect of increased competition from new cafés in Voreda on the prices Nina and Leo can charge for their products. [6]
- June 2022, Paper 1, Q7 (1 mark): A village is over 10 miles away from the nearest two towns. The village shop sells bread. For someone living in the village wanting to buy bread, the shop is a
- June 2022, Paper 1, Q14 (1 mark): The prices of branded goods, such as Heinz baked beans, are usually higher than a supermarket’s own label. This is likely to be due to A higher advertising cost
- June 2022, Paper 1, Q16 (1 mark): Firms need to survive in a market. Which of the following is an example of a suitable method to survive? A Encourage existing customers to return B Enter into c
- June 2022, Paper 1, Q21(d)(iii) (6 marks): (iii)* Evaluate the likely effect of increased competition on Periff Construction Ltd. Use the information given in Extract 1 on page 8 and your own knowledge.
- November 2021, Paper 1, Q8 (1 mark): Which of the following is a feature of a monopoly? A An inability to supply the market B Collusion between rivals C High barriers to entry D Low prices [1]
- November 2021, Paper 1, Q15 (1 mark): A market is an oligopoly if A each of the firms in the market has only a few customers B each of the firms in the market makes many products C most of the marke
- November 2021, Paper 1, Q22(d)(i) (2 marks): Explain one way in which competition could affect Air Madeira. [2]
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