Economics B A-Level
Consumer demand
What Consumer demand means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Consumer demand
Check what you remember
Read the wording for your board, then hide it and explain Consumer demand in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
High levels and rapid growth of disposable income indicate strong potential consumer demand in a new international market.
Topics that use Consumer demand
- Assessing the potential of different economies (Pearson Edexcel A-Level)
Related terms
- Costs of production
- Ease of doing business
- Government incentives
- Infrastructure
- Likely return on investment
- Location in a trade bloc
- Political stability
Using Consumer demand in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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