Card 1 of 19
Why can a change in one market affect other markets?
A
Because markets are independent, so changes remain within the original market.
B
Because all markets have identical prices, so changes spread automatically.
C
Because government controls markets, so changes are passed between them.
D
Because markets are interrelated, so changes shift demand or supply elsewhere.
Card 1 of 19
1.3.6 The interrelationship between markets Flashcards
19 flashcards on AQA A Level Economics 1.3.6 The interrelationship between markets: the key terms, economic models and case studies you need to recall for Paper 1, Paper 2 and Paper 3.