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Price changes
Identify the factors that lead to changes in prices, focusing on how shifting market conditions can influence these changes.
2
Objectives
20
Flashcards
14
Questions
88 min
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CambridgeIGCSEEconomicsThe allocation of resources
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Price changes outcomes2 objectives
- Identify the factors that lead to changes in prices, focusing on how shifting market conditions can influence these changes.
- Discuss the effects of price changes, using demand and supply diagrams to demonstrate how these changes impact equilibrium price and sales levels.
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