Competitive demand
What Competitive demand means in Economics A-Level, as defined for AQA.
Definitions of Competitive demand
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Reference: AQA
A relationship between substitute goods, so a change in the price of a substitute shifts the demand curve in a related market.
Involves goods fulfilling the same need, such as tea and coffee.
Topics that use Competitive demand
- The interrelationship between markets (AQA A-Level)
Related terms
Using Competitive demand in the exam
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