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Toy shortage at Christmas?!

Wednesday, November 11, 2009
by Amy Chapman

Have toy manufacturers misjudged the amount of sales this Christmas? With the UK still in a recession toy manufacturers could have presumed that Santas budget was much lower this year and therefore produced fewer toys.

This BBC video would make a great starter activity which could lead on to a discussion of factors that cause the demand curve to shift and elasticities.

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