Tuesday, March 11, 2008

Unit 1: The price of wheat

A clip from the BBC explains why the price of wheat has risen so sharply

http://www.tutor2u.net/blog/index.php/economics/the-big-question-carbon-trading/#When:21:02:01Z

a) Using a S&D diagram, explain why the price of wheat has risen
b) Using a S&D diagram, explain why the price of beef will have to rise

No comments: