Posted: February 22nd, 2017
Your friend has asked you why the price of bananas is higher during certain times of the year. Using what you have learned about the laws of supply and demand, explain to your friend how the market affects price.
Respond to your classmates’ answers by asking additional questions that a newcomer to business might ask. Is the explanation clear? Which areas do you understand? In which areas would you like more clarification?
Place an order in 3 easy steps. Takes less than 5 mins.