Skip to content

Course home

Sign up

1.3 Price determination in a competitive market

EasyMediumHard
12345678910111213141516171819202122232425262728293031323334353637383940414243444546474849505152535455565758596061626364656667686970717273747576777879808182838485868788899091
Question 43

Extract D: Consumer spending on Cinema vs. Video Streaming in the UK (£ millions)

YearPhysical Cinema Box Office (£m)Video Streaming Subscriptions (£m)
20161,200600
20181,3001,100
20203001,800
20229502,400

Use Extract D to identify two significant points of comparison between the changes in consumer spending on physical cinema tickets and video streaming subscriptions in the UK over the period shown.

[4]
Markscheme

1.3 Price determination in a competitive market Questions

  1. A Level
  2. /Economics
  3. /1.3 Price determination in a competitive market

256 exam-style questions on AQA A Level Economics 1.3 Price determination in a competitive market, covering 1.3.1 The determinants of the demand for goods and services, 1.3.2 Price, income and cross elasticities of demand, 1.3.3 The determinants of the supply of goods and services, 1.3.4 Price elasticity of supply, 1.3.5 The determination of equilibrium market prices, and 1.3.6 The interrelationship between markets. Each one has a worked solution and a mark scheme showing where the marks go.

Question bank