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Practice · Economics · 2022 syllabus · 2.11

IB Economics 2.11 Market failure: market power: practice questions

12 exam-style questions on 2.11 Market failure: market power, HL only: 11 Paper 1 (essay) and 1 Paper 3 (policy paper, HL). Each one comes with the mark scheme, a model answer and the reasoning behind every mark. Free with your email.

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The 12 questions in 2.11

  1. 2.11-01 Market structures and market powerPaper 1 style · extended response · 25 marks · HL
  2. 2.11-02 Monopolistic competition versus oligopolyPaper 1 style · extended response · 25 marks · HL
  3. 2.11-03 PED determinants and concentration ratiosPaper 1 style · extended response · 25 marks · HL
  4. 2.11-04 Perfect competition and profit maximizationPaper 1 style · extended response · 25 marks · HL
  5. 2.11-05 Monopolistic competition and market powerPaper 1 style · extended response · 25 marks · HL
  6. 2.11-06 Monopoly profit and firm objectivesPaper 1 style · extended response · 25 marks · HL
  7. 2.11-07 Monopoly profit and market powerPaper 1 style · extended response · 25 marks · HL
  8. 2.11-08 Collusion and controlling market powerPaper 1 style · extended response · 25 marks · HL
  9. 2.11-09 Monopoly versus perfect competitionPaper 1 style · extended response · 25 marks · HL
  10. 2.11-10 Allocative efficiency and oligopolyPaper 1 style · extended response · 25 marks · HL
  11. 2.11-11 Oligopoly and firm objectivesPaper 1 style · extended response · 25 marks · HL
  12. 2.11-12 New Zealand: supermarket market powerPaper 3 style · policy paper · 28 marks · HL

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The Economics questions follow the Paper 1, 2 and 3 questions set since 2022, question by question, in the same formats and with the same demands and markbands. Developed independently from the International Baccalaureate Organization, which has not endorsed it. Found a mistake? Email vytis@limeadmissions.com with the question id.