Exam Support
Competition and Consumer Welfare (Essay Technique Video)
- Level:
- A-Level, IB
- Board:
- Edexcel, OCR, IB, Eduqas, WJEC
Last updated 24 Apr 2017
Here is an essay plan using the PECAN PIE technique for developing an answer to this question: "Neo-classical theory of competition implies that more firms in a market is the only way to improve outcomes for consumers”. With reference to examples, to what extent do you agree? (25 marks)
The slides from this revision video can be viewed here:
You might also like
What is Price Stickiness?
Study Notes

Who are Britain's Biggest Mortgage Lenders?
1st December 2022

Price Discrimination and Economic Welfare
29th November 2022

Business Growth: Lidl's UK Profits Quadruple
17th November 2022

Theory of the Firm - Egg farmers get squeezed by higher costs
8th November 2022

Energy Economics - BP makes record profits
1st November 2022

Contestable Markets - EU Digital Markets Act
1st November 2022