Market conduct
What Market conduct means in Economics A-Level, as defined for AQA.
Definition of Market conduct
Check what you remember
Read the wording for your board, then hide it and explain Market conduct in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
A way of defining oligopoly that focuses on firm behaviour, whose defining trait is mutual interdependence, where one firm's decisions directly impact rivals.
Topics that use Market conduct
- Oligopoly (AQA A-Level)
Related terms
- Barriers to entry
- Cartel
- Cartels
- Collusion
- Concentration ratio
- Concentration ratios
- Cooperation
- Dynamic efficiency
Using Market conduct in the exam
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