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It is the willingness and ability to buy a product services at a given price over a given period of time. November 12, 2015 igcse economics revision notes, o level economics revision notes 2 prices are determined through the forces of demand and supply of a product or service. For example, a bus operator like stagecoach group may hire a specialist to work out the most economical routes for buses coaches, but also which routes are the most popular so high capacity vehicles can be bought and used, and so that the operator can. Ocr a2 economics module 3 revision notes theories of market.
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