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1.3 Price determination in a competitive market

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Question 13

Extract B (lines 4–5) states: 'a recent national survey revealed that only a quarter of families had visited a local public leisure centre in the past year, representing a sharp decline since tracking started in 2012'.

Explain two reasons why the demand for local public leisure centre services has fallen.

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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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