IB skill practice

Analyse game theory and strategic interdependence

Economics HL skill with original exam-style quantitative, diagram, data-response, and evaluation seeds.

Paper 3 Paper 1 5 marks Difficulty 3

HL exam practice: Oligopoly game theory judgement

A Melbourne transport market extract asks an HL student to analyse Oligopoly game theory judgement using the labelled diagram and data evidence. Identify the key result and explain the economic judgement required. Use the diagram labels, numerical evidence, and policy context before writing the final judgement. Enter the answer and choose the interpretation that best matches the HL economic evidence.

Worked practice: economic evidence and answer

Identify the economic evidence first, then state the result and interpretation.