Cambridge Cambridge International AS & A Level Economics 9708 · 2.4.4
Functions of price in resource allocation
- Code
- 2.4.4
- In
- 2.4 The interaction of demand and supply
- Topic
- 2 The price system and the microeconomy (AS Level)
- Course
- Cambridge International AS & A Level Economics 9708
- Board
- Cambridge
Grade boundaries·Cambridge command words
Codes and titles are read by a script from Cambridge's published specification and have not been checked by a person. What each point covers is in the specification itself: Cambridge’s specification.
Points in 2.4 The interaction of demand and supply
- 2.4.1 definition of market equilibrium and disequilibrium
- 2.4.2 Shifts and equilibrium price and quantity
- 2.4.3 relationships between different markets
- 2.4.4 Functions of price in resource allocation