Grade8 – G8 Elan,G8 Vivacity
Homework assigned by: firstname.lastname@example.org
Submission Date: Mon Aug 21 2017 00:00:00 GMT+0530 (IST)
Internet Required: Yes
Details: Dear Students,
Write the response to the questions given below in your notebook
Read the theory and examples given here: http://www.socialstudiesforkids.com/articles/economics/supplyanddemand1.htm
Q1. What is the relationship of price with the levels of supply and demand? EXPLAIN giving examples of both the Pearl Exchange activity and the bookseller on Page 2 of the link above.
Be ready to explain your response in next class.
Expected Time: 30 minutes