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Economics Model Answers | Explain what is meant by a perfectly competitive market

Economics Model Answers | Explain what is meant by a perfectly competitive market

A model answer to help students prepare for questions about perfect competition. In this question, we have a scenario where there is falling demand in the industry. What would happen to the market?

Economics Model Answers | Explain how a government could reduce the natural rate of unemployment in a country

Economics Model Answers | Explain how a government could reduce the natural rate of unemployment in a country

How can the government reduce the natural rate of unemployment in a country? A free model answer guide is included - you’ll need this for your a-level Economics exams.