Industry Profiles - UK Supermarkets | A-Level Economics Exams 2022

In this revision video we look at aspects of the changing UK retail grocery industry. Great application for your exams!
#supermarkets #oligopoly #economics

[@hisschoolwork3987]

Dear Jim, with my A-Levels now complete, the least I could do was send you a small message. Words cannot express how thankful I am for all of the hard work you put into this channel. You positively impact the lives of thousands of students, and I don't know what I would've done without you. You are an exceptional economics teacher, and from the bottom of my heart, I would like to thank you. Best of luck to you in the future :)

[@tutor2u-official]

Wow, thank you! You are so kind with your comments - every best wish - Geoff

[@hisschoolwork3987]

@tutor2u Apologies Geoff, yes, of course I meant you (and the rest of the Tutor2u team of course too - youtube won’t let me edit the comment) - Thank you :)

[@JaneDoe90210]

watched this in the morning then a question came up on it thank god :)

[@thegoat7088]

bro prediced the aqa drq

[@austinwachira5185]

Really Informative that, thank you.

[@tutor2u-official]

Glad it was helpful!

[@zaia276]

could you do current examples of government intervention policies?

[@tutor2u-official]

Thanks for the idea - will do!

[@spudz1348]

We need on of these on the uk post office please

[@tutor2u-official]

Hopefully i can deliver!

[@eg8206]

Hi, could you please help with profiles for the uk telecommunications and energy industries?

[@tutor2u-official]

Will do!

[@eg8206]

@@tutor2u-official Thank you, appreciate it

[@sandstormsam23]

Hi, Can this data be used for both paper 1 and paper 3, or just paper 1?

[@master4755]

for my essay yesterday i wrote about contestable marketse benefiting consumers (allocative efficiency) and possible collusions such as joint-profit max but then saying this wont last in the long run? Are these valid points to make?

[@tutor2u-official]

All good

[@master4755]

@@tutor2u-official Thank you!!

[@karagoldsmith7322]

Can you do the fast fashion industry please

[@tutor2u-official]

I'll do my best! Airlines / Airports coming next

[@Eliza-rv3gc]

Hi, how many industry profiles do we need to know? (I've looked at energy and supermarkets so far)

[@tutor2u-official]

Maybe one for each market structure - I would also look at water, telecoms and food deliveries for good measure! Go well!

[@katehill3198]

these are so helpful! please could you do the airline industry?

[@tutor2u-official]

On the case, you are very kind

[@JkRai_]

Can you do the sports retail industry?

[@tutor2u-official]

Will do!

[@JkRai_]

@@tutor2u-official Legend

[@samh6814]

Hi could you come up with essay questions related to these topics so I could plan out answers?

[@tutor2u-official]

Assess the extent to which the UK supermarket industry is contestable. Examine the effect of rising supply costs on the profits of UK supermarkets

[@tutor2u-official]

Assess the extent to which the UK supermarket industry is contestable

[@tutor2u-official]

To what extent are supermarkets monopsony employers?

[@tutor2u-official]

Examine the possible impact on supermarkets of a large rise in the UK national minimum wage