Economics and Business · Modern Era
The Market System
How the forces of supply and demand determine what is produced and at what price.
Key Questions
- 1How do buyers and sellers interact to determine prices?
- 2What happens to a market when supply is low but demand is high?
- 3How do businesses use marketing to influence consumer demand?
ACARA Content Descriptions
AC9E8K01
Year: Year 8
Subject: HASS
Unit: Economics and Business
Period: Modern Era
Suggested Methodologies
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