Price mechanism | Topics | tutor2u Economics

The means by which decisions of consumers and businesses interact to determine the allocation of resources. The free-market price mechanism clearly does NOT ensure an equitable distribution of resources and can lead to market failure.

Unit & Topic Assessments

Short exam-style and exam-standard assessment papers (with mark schemes) to help test specific units or key topics in the relevant specification.

  • This Unit Assessment provides exam-style and exam-standard assessment questions for section 4.1.3 Price Determination in A Competitive Market of AQA A Level Economics.

    £15.00 (+VAT)

    4.1.3 Price Determination - AQA A Level Economics Unit Assessment
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