Sunday, September 13, 2009

Unit 1 : The rising price of second hand cars

An interesting clip and article from the BBC

http://news.bbc.co.uk/1/hi/uk/8251990.stm video
http://news.bbc.co.uk/1/hi/business/8251920.stm article

a) Using a S&D diagram, explain why the price of second hand cars is rising
b) Using a S&D diagram, explain why the price of second hand cars was falling a year ago as the recession took hold of the economy

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