Economics A-Level
Cooperation
What Cooperation means in Economics A-Level, as defined for AQA.
Definition of Cooperation
Check what you remember
Read the wording for your board, then hide it and explain Cooperation in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
Firms collaborating legally to achieve mutual benefits that often enhance economic welfare, such as sharing research and development costs.
Topics that use Cooperation
- Oligopoly (AQA A-Level)
Related terms
- Barriers to entry
- Cartel
- Cartels
- Collusion
- Concentration ratio
- Concentration ratios
- Dynamic efficiency
- Firm behaviour
Using Cooperation 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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