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Year 12 AQA Economics (Micro) exam with solutions 20242025.
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---21October 20242024/2025A+
- Year 12 AQA Economics (Micro) exam with solutions 20242025. 
 
The Law of Demand - Answer consumers will buy more of a good when its price is lower and less when its price is higher 
 
The Law of Supply - Answer producers offer more of a good as its price increases and less as its price falls 
 
Equilibrium Price - Answer the price at which the quantity demanded equals the quantity supplied
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