Monopsony Diagram
Trade Union Diagram
Lorenz Curve (Gini Coefficient)
Profit Maximising
Oligopoly (Kinked Demand Curve)
Exam Technique / Questions
Make sure that you understand the diagrams above and are able to draw them. By drawing a diagram correcly in your response, you may only get up to 6 marks per diagram; however, it can just form the framework your argument, thus setting you up to score the maximum marks available.
Get in touch if you don't recognise nor understand these diagrams.
NB: this is NOT an exhaustive list of diagrams.
Make sure that you understand the diagrams above and are able to draw them. By drawing a diagram correcly in your response, you may only get up to 6 marks per diagram; however, it can just form the framework your argument, thus setting you up to score the maximum marks available.
Get in touch if you don't recognise nor understand these diagrams.
NB: this is NOT an exhaustive list of diagrams.
-REJC-
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