INTRODUCTION & IDENTIFICATION OF MARKET STRUCTURE

Here is the breakdown of the GR.12 Economics Project 2026, totaling 50 marks:

• INTRODUCTION & IDENTIFICATION OF MARKET STRUCTURE
  • Introduction: 2 marks
• BODY
  • Type of market structure: 1 mark
  • Characteristics of market structure: 8 marks
  • Major retail firms in South Africa: 3 marks
  • Control over prices by these firms: 2 marks
  • Increase in market share: 8 marks
  • Threats in retail sector and the impact on the consumers: 16 marks
• CONCLUSION
  • Presentation: clear structure and organisation of the assignment: 2 marks
  • Bibliography / Referencing: 4 marks

Total marks:

$$2 + 1 + 8 + 3 + 2 + 8 + 16 + 2 + 4 = \boxed{50 \text{ marks}}$$