1.3.4.1c - operation of market forces to eliminate excess demand and excess supply
- Syllabus
- 2018
- Objective
- 1.3.4.1
- Level
- AS
The operation of market forces to eliminate excess demand and excess supply.
Use c - operation of market forces to eliminate excess demand and excess supply to connect the rule to the data and decision in the question.
This matters because c - operation of market forces to eliminate excess demand and excess supply determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.
Example: apply c - operation of market forces to eliminate excess demand and excess supply to one small, clearly defined case, show the key step or comparison, and explain the result in words.
Boundary: c - operation of market forces to eliminate excess demand and excess supply is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.