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

3
Multiple ChoiceInteractive

What is the main role of prices in a market economy?

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4
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Match the items on the left with their correct pairs on the right

5
Fill in the BlankInteractive

Prices act as {{blank0}} that help allocate {{blank1}} efficiently.

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6
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Match the items on the left with their correct pairs on the right

7
MatchingInteractive

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

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8
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Match the items on the left with their correct pairs on the right

9
Multiple ChoiceInteractive

How do high prices act as a rationing device?

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10
article

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

11
Multi-SelectInteractive

Which of the following statements about prices are correct? (Select all that apply)

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