Tuesday, April 06, 2010

Unit 1: Supply and demand in the Qatar property market

A great video from The BBC showing S&D in action

http://news.bbc.co.uk/1/hi/business/8602951.stm

a) Using a S&D diagram, explain what has happened to both the supply of, and demand for, property in Qatar's property market
b) What do you think will happen to property prices in 2010, given the information in the video?

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