The market equilibrium price and output will change when there is an inward shift of market demand and/or market supply
These shifts are shown the analysis diagrams below
Geoff Riley FRSA has been teaching Economics for nearly thirty years. He has twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.
This course supports colleagues delivering labour market topics included in the new A Level Economics specifications.
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This 48-page, full-colour printed revision guide written by tutor2u's Geoff Riley is designed to support students preparing for their AS Economics exams on microeconomics.
This new full colour 28 page revision guide by tutor2u's Geoff Riley provides all AS & A2 Economics students with a data and chart-rich summary of the key issues facing the UK Economy in 2015.
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