Economics A-Level
Conduct
What Conduct means in Economics A-Level, as defined for AQA.
Definition of Conduct
Check what you remember
Read the wording for your board, then hide it and explain Conduct in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
Refers to how firms behave, including pricing strategies like limit pricing, non-price competition such as advertising, and the potential for collusion.
Topics that use Conduct
- Market structure, static efficiency, dynamic efficiency (AQA A-Level)
Related terms
- Allocative efficiency
- Capital investment
- Collusion
- Dynamic efficiency
- Firm performance
- Innovation and technology
- Market structures
- Productive efficiency
Using Conduct in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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