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Business regulation

Edexcel 9EB0T4-2bA-levelLesson packSubscription
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Set it as homework or classwork and every answer is marked as pupils go, with feedback on what they got wrong. The scores go straight into your mark book, so you can see who needs help before the next lesson.

  • 11 questions
  • 40 marks
  • about 55 minutes
  • marked instantly

Question types: multiple choice, short answer, fill the gap, true or false, matching.

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Under an RPI-X price-cap formula, how is the maximum percentage price rise a regulated firm is allowed to charge each year calculated?

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About this resource

Edexcel Economics B (9EB0) Theme 4 'Making markets work' (Paper 1), Unit T4-2 'Market power, regulation and market failure' — spec ref 4.2.2 (and 4.2.3). How the government and industry regulators respond to the market power and market failure covered in Lesson 2a: the Competition and Markets Aut…

21 slides.

Lesson outline

  1. Do Now — Retrieval
  2. Hinge Check — What Does 'Cap' Mean Here?
  3. Why Regulate?
  4. Hinge Check — What Is Regulation Actually FOR?
  5. The CMA — the UK's Competition Watchdog
  6. Hinge Check — What Can the CMA Actually Do?
  7. Regulating Natural Monopolies
  8. How RPI−X Caps Prices AND Cuts Costs
  9. Hinge Check — Reading the RPI−X Diagram
  10. Other Regulatory Tools
  11. Guided Practice — Match the Tool to the Purpose
  12. For and Against Regulation
Unit bundleTheme 4 · Making markets work
Part of: Theme 4 · Making markets work: the whole unitEvery resource in the unit in one zip.

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