This BBC article clearly shows the link between rising costs of production and rising prices for consumers
http://news.bbc.co.uk/1/hi/business/7052504.stm
a) Using a S&D diagram, explain why the price of diesel has risen to above £1 a litre. Think what the demand curve will look like before you draw the diagram.
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment