To understand the very relationship of scarcity and opportunity cost through the example of pocket money.
Title
:
Labour Force Participation Rate of Hong Kong
Related Theory
:
Labour supply
Description
:
Analyse the change and the trend of labour supply by the figures of labour force participation rate.
Title
:
Production period of a bookstore
Related Theory
:
Factors of production and production period
Description
:
To understand different types of factors and production period through the example of a bookstore.
Title
:
Tiffanny Flowers
Related Theory
:
Demand and Supply
Description
:
The person in charge of the Flower shop will explain how demand and supply of flowers affect the business operations of flower shop.
Title
:
Price elasticity of demand and supply
Related Theory
:
Price elasticity of demand / supply
Description
:
To understand the price elasticity of demand and supply though the examples of red wine, ferry ticket of Lamma Island, cable TV and organic vegetables.