1. Assess the advantages and disadvantages of monopoly.

2.Describe one possible barrier to entry in the market for

domestic air travel in India.

3Describe one possible disadvantage to passengers if a

price war broke out in the market for domestic air travel

in India.

4Assess the advantages and disadvantages to

passengers of oligopoly in the market for domestic air

travel in India.

5 Discuss the possible impact of the cartel on customers

in this case.

6. How was the size of fines determined in this case?

7. Describe two features of oligopoly. Use examples from

this case in your answer.

8.What accounts for the change in the demand for labour

in each of the examples?

9. What has happened to the wage rates of cleaners as a

result of the increase in supply?

10. What has happened to the numbers of cleaners110

employed in the market as a result of the increase in

supply?