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A Level Economics (AQA) Exam 2025 Questions and Answers
A Level Economics (AQA) Exam 2025 Questions and Answers
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AQA A LEVEL
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AQA A LEVEL
A Level Economics (AQA) Exam 2025 Questions and Answers
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| Uploaded on: | September 14, 2025 |
| Last updated: | September 14, 2025 |
| Number of pages: | 30 |
| Written in: | 2025/2026 |
| Type: | Exam (elaborations) |
| Contains: | Questions & Answers |
| Tags: | A Level Economics (AQA) Exam 2025 Questions and Answers |
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A Level Economics (AQA) Exam 2025 Questions and Answers The Law of Demand - --CORRECT ANSWER--consumers will buy more of a good when its price is lower and less when its price is higher The Law of Supply - --CORRECT ANSWER--producers offer more of a good as its price increases and less as its price falls Equilibrium Price - --CORRECT ANSWER--the price at which the quantity demanded equals the quantity supplied Excess Supply - --CORRECT ANSWER--the amount by which quantity supplied exceeds quantity demanded when the price of a good exceeds the equilibrium price Surplus - --CORRECT ANSWER--A situation in which quantity supplied is greater than quantity demanded Excess Demand - --CORRECT ANSWER--The situation that exists when demand is greater than supply. Deficit - --CORRECT ANSWER--A situation in which quantity supplied is less than the quantity demanded ....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 1
