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A shortage or surplus of the goods we buy can have a significant impact on the prices we pay. Since the goods we buy are often made up of other goods, it’s common for a shortage or surplus anywhere in the supply chain to have a significant impact on the market. In this activity you will demonstrate shortages and surpluses, analyze what happens when they occur, and discuss how they can impact our daily lives.
- Subject:
- Financial Literacy
- Material Type:
- Activity/Lab
- Assessment
- Homework/Assignment
- Author:
- Cindy Lowe
- Date Added:
- 03/06/2024
