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1.2.6 Price determination

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Question 13

Refer to the data below showing the change in subscriber numbers for FitPulse, an interactive home fitness streaming service.

PeriodFitPulse Subscribers (millions)
January 20211.1
April 20212.5
July 20214.2
October 20216.8

Draw a supply and demand diagram to show the likely effect of this change in the number of subscribers on the market equilibrium for FitPulse subscription services.

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1.2.6 Price determination Questions

  1. A Level
  2. /Economics
  3. /1.2.6 Price determination