LAP-EC-906, When More Is Less (Functions of Prices) (Download) LAP-EC-012, EC:006, Economics, Business Basics, Business Functions, Pricing, Marketing

LAP-EC-906, When More Is Less (Functions of Prices) (Download) (LAP-EC-906)

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Why do we pay what we do for the things we buy? Help your students understand the importance of price, the functions of relative prices (information, incentives, and rationing), and the impact of supply and demand on the prices we pay for products...
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