Edexcel IGCSE Economics 1.1.3 A Demand Questions
Practise defining demand clearly by linking the quantity consumers are willing and able to buy to a given price in a market.
- Syllabus
- First assessment 2019
- Course
- Economics 4EC1
Exam points
- define demand as quantity consumers are willing and able to buy at a given price
Edexcel IGCSE Economics 1.1.3 A Demand Questions question 1
[Maximum number: 2]
What is meant by the term demand?
AO1 2 marks
Award 1 mark for reference to amount willing to be purchased and 1 mark for reference to price
The quantity of goods/services consumers are willing and able to buy (1) at a given price (1)
(2)
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