Step-by-Step Lesson

Learn: Prices as Signals, Incentives, and Rationing Devices

AQA A level economics 7136 specification

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Steps in this lesson (11)

1
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Match the items on the left with their correct pairs on the right

2
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3
Multiple ChoiceInteractive

Which of the following is a function of prices in a market?

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4
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5
Fill in the BlankInteractive

Prices act as {{blank0}} between consumers and producers. When prices rise, they indicate {{blank1}} demand or limited supply.

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6
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7
MatchingInteractive

Match the items on the left with their correct pairs on the right

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8
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9
Multi-SelectInteractive

Which of the following are examples of prices acting as a rationing device?

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10
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11
typedAnswer

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