Feedback D.1: P.6

Pass standard – assessment criteria - Pearson (2022, p.21-29)

Learning aim D: Examine business markets. 

D.1: You should have explored how the market structure and influences on supply and demand affect the pricing and output decisions for a given business. P.6

Different market structures.

Relationship between demand, supply and price.

Pricing and output decisions.  Adapted from Hilton (2023, D)

** Learners should provide traceable answers (Harvard referencing) **   Task D.1: P.6 - Online resources

• Different market structures  Hilton (2023, D)
• Relationship between demand, supply and price Hilton (2023, D)
• Pricing and output decisions Hilton (2023, D)
• Harvard referencing - is a form of evidence, which validates your submission. O.U (2023).

 Bibliography

• Hilton (2023, D): Unit 1. Online resources. Learning aim D. Available at: URL: https://cwc020423.blogspot.com/2023/04/12-analyse-how-successful-use-of.html (Last accessed: June 2023)
• O.U (2023). Quick guide to Harvard referencing. Online at: https://www.open.ac.uk/library/referencing-and-plagiarism/quick-guide-to-harvard-referencing-cite-them-right. (Last accessed: June 2023).
• Pearson (2022, p.21-29): BTEC Level 3 National Extended Diploma in Business – Specification – Issue 14 – July 2022 © Pearson Education Limited 2022.