Economics B A-Level
Saturated market
What Saturated market means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Saturated market
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Reference: Pearson Edexcel
Occurs when the volume of a product in a domestic market is maximised, meaning further growth requires taking market share from rivals.
Topics that use Saturated market
- Conditions that prompt trade (Pearson Edexcel A-Level)
Related terms
- Capacity utilisation
- Domestic competition
- Economies of scale
- Extension strategies
- Fixed costs
- Global supply chains
- International competitiveness
- International trade
Using Saturated market in the exam
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