Reasons for government intervention in markets - influencing market outcomes in order to:
Link to packet Read here to see how price controls panned out in Venezuela in 2012 - try and find more recent examples of the effects of price control. You will complete an inquiry on cocoa prices... Kognity 2.6.5
Price elasticity of supply (PES)
Link to activities Link to another worksheet Link to inquiry Income elasticity of demand (YED)
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