Here's this week economics news quiz! The quiz has 8 multi-choice questions about news events relating to economics from the previous 7 days. Most of the questions relate to the UK economy but some ...

Join the tutor2u Business team for livestreamed revision to help prepare for mocks, other assessments and the 2025 summer exams Everything you need is here to deliver the Edexcel A-Level Business ...

Market power refers to a firm's ability to influence the price, output, or other market conditions in its favour, without being constrained by competitive forces. Firms with significant market power ...

While monopolies often attract criticism for their negative effects on markets and consumers, there are several potential advantages that a monopoly can provide under certain circumstances. Here are ...

Join the tutor2u Geography team for free A-Level and GCSE Geography livestreams to help prepare for the 2024 exams. Catch up with any archived sessions too.

Price-fixing cartels often collapse due to internal and external pressures that make it difficult to sustain coordinated behavior over time. These pressures include the temptation to cheat, market ...

Monopoly power allows a single firm to dominate a market, giving it significant control over pricing, supply, and market conditions. While monopolies can sometimes drive innovation and efficiency, the ...

The main difference between horizontal collusion and vertical collusion lies in the relationship between the firms involved and their positions in the supply chain. Here's a detailed explanation of ...

This study note looks at the importance of non-price competition in an oligopoly. Non-price competition refers to strategies that firms use to compete without changing the price of their goods or ...

How successful has the HPV vaccine been in England? Using this OurWorldinData graph, (you may need to scroll down to find 'Cervical Cancer rates declined in England... ), then answer the following ...

The UK music industry is hitting the high notes economically, but beneath the headlines of record-breaking revenues lie significant challenges that could disrupt the rhythm of this vibrant sector. The ...

Part of the visuo-spatial sketch pad that stores information about form and colour.