Economics B A-Level
Potential market growth
What Potential market growth means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Potential market growth
Check what you remember
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Reference: Pearson Edexcel
The estimated future increase in the size or value of a market.
Topics that use Potential market growth
- Price mechanism (Pearson Edexcel A-Level)
Related terms
- Capacity utilisation
- Market dynamics
- Niche markets
- Price elasticity of demand
- Price mechanism
- Profit maximisation
- Profit motive
- Resource allocation
Using Potential market growth in the exam
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