1.3.1.1b - Dynamic markets

Explain dynamic markets, including online retailing, market change, innovation, market growth and adapting to change.

Use b - dynamic markets to connect the rule to the data and decision in the question.

This matters because b - dynamic markets determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply b - dynamic markets to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: b - Dynamic markets is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.