Economics B A-Level
Substitutes
What Substitutes means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Substitutes
Check what you remember
Read the wording for your board, then hide it and explain Substitutes in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
Related goods where a rise in one good's price shifts demand for the other good outwards, in the same direction.
Topics that use Substitutes
- Demand (Pearson Edexcel A-Level)
Related terms
- Complementary goods
- Non-price determinants
- Opportunity cost
- Rational decision making
- Shift of the demand curve
- Utility maximisation
- Contraction of demand
- Extension of demand
Using Substitutes 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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