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1.3 Price determination in a competitive market

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Question 35

Extract E states: 'The meteoric rise of public cloud migration has hit a speed bump. Citing spiralling data-transfer fees and growing sovereignty concerns, several major enterprises are repatriating their workloads back to physical, on-premise enterprise servers.'

Explain two factors which could lead to an increase in the demand for on-premise enterprise servers.

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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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