The Laws of Supply and Demand
The laws of supply and demand can be manipulated to the benefit or detriment of a business, including in agricultural contexts. This video explores the laws of demand and supply and the scarcity principle in relation to wool and beef. Featuring insight from Australian wool growers, beef farmers and academics, this is a highly relevant resource for senior secondary and tertiary students studying economics, business studies or agriculture.
Production Year: 2020
Duration: 9 min
Series: The Economics of Agriculture
Printable Resources: Yes
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