Activity 01
Pairs: Demand Curve Plotting
Provide price-quantity data tables for a product like smartphones. Pairs plot the demand curve, mark a price change for movement along it, then adjust for an income rise to show a shift. Discuss differences in 2 minutes.
Analyze how non-price factors influence consumer demand for goods and services.
Facilitation TipDuring Demand Curve Plotting, circulate and ask each pair to explain why their plotted points form a downward slope using real-world examples like pizza prices and slices bought.
What to look forProvide students with a scenario: 'The price of coffee beans has increased significantly, and a new study suggests coffee is beneficial for health.' Ask them to: 1. Identify the impact on the demand curve for coffee (shift left/right, movement along). 2. Explain their reasoning for each factor.