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1.3 Price determination in a competitive market

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Question 50

Extract C: Consumer spending on Physical Board Games vs. Digital Mobile Gaming Apps in Switzerland (CHF millions)

YearPhysical Board Games (CHF m)Digital Mobile Gaming Apps (CHF m)
2017450150
2019400350
2021550750
2023300900

Use Extract C to identify two significant points of comparison between the changes in consumer spending on physical board games and digital mobile gaming apps in Switzerland over the period shown.

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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.

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