Monday, 16 September 2013

Week 3: Introduction to The Price Mechanism




Link to the above article and fill in your worksheet...


Prep week 3

Find an article from any reputable media source:

Print a hard copy and tweet the link if possible using the hashtag #ppcprice

Answer the following questions based on the evidence in the article:

  1. What has happened to price? 
  2. What reasons does the article give as the reasons for the change?
  3. What do you feel are the implications of the change on the actions of consumers and producers in the market?
  4. Do you feel there is any role for government in changing outcomes in the market or do you feel the market is working efficiently?
Plan V Price



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