Skip to content

Course home

Sign up

1.2.7 Price mechanism

EasyMedium
12345
Question 3

Explain how a sudden spike in the market price of silicon wafers acts as a signal to reallocate scarce resources.

[2]
Markscheme

1.2.7 Price mechanism Questions

  1. A Level
  2. /Economics
  3. /1.2.7 Price mechanism

16 exam-style questions on Edexcel A A Level Economics 1.2.7 Price mechanism. Each one has a worked solution and a mark scheme showing where the marks go.

Question bank