In a monopoly, a price-maker is one or a few sellers that control the supply and therefore have the power to set the prices. | Macroeconomics

Title

In a monopoly, a price-maker is one or a few sellers that control the supply and therefore have the power to set the prices.

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In a monopoly, a price-maker is one or a few sellers that control the supply and therefore have the power to set the prices.

Subject: 

  • Economics

Category: 

  • Macroeconomics
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Exam practice is essential. Make sure your student has access to practice exam papers for the subjects they take. Make sure the exam papers relate to the correct version of the curriculum.

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Studying should be active. Your child should be making notes, working through examples, doing practice exam papers and testing herself on the sections she is studying.

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Formulae sheets or key concept sheets are useful for quick revision. Get your teenager to stick them on the wall in their room. The more they look at the formulae and key concepts, the more likely...

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