Economics GCSE
Market share
What Market share means in Economics GCSE, as defined for AQA.
Definition of Market share
Check what you remember
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Reference: AQA
The proportion of total sales in a market accounted for by a specific business, involving capturing a larger percentage of total industry sales compared to competitors.
Topics that use Market share
Related terms
- Average cost
- Average revenue
- Cost minimisation
- Ethical and moral interests
- Financial performance
- Fixed costs
- Incentives and risk
- Profit
Using Market share in the exam
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