Assessment Statement:
Please note:
There are 10 questions in this assessment.
Some questions are branched.
This means if you don't answer the basic premise of the question correctly you will not be able to
answer the related questions which build on the basic premise.
You will instead be taken to the next question after the sequence.
The following scores are possible out of a total of 30:

(A 15 - 18; M 19 - 24; E 25+)
You may use pen and paper as well as a calculator.
Please press on the assessment below to start.
Formative Assessment 3.2 Part 2 Demonstrate understanding of the efficiency of different market structures using marginal analysis