In the News
Australian wine cheaper than bottled water
31st December 2014
The monopsony power of duopolistic retailers, a confusing tax regime, the lingering effects of a very strong currency against the US dollar and and boom in domestic production. These are just some of the causal factors why Australian consumers might just be able to get a bottle of their favourite wine for a lower price than an equivalent bottle of water.
You might also like
Price mechanism in action - student car insurance
16th October 2010
Price Mechanism (Revision Presentation)
Teaching PowerPoints
Determinants of Demand (Revision Presentation)
Teaching PowerPoints
Market Mechanism Revision Quiz
Quizzes & Activities
Price Mechanism Revision Quiz
Quizzes & Activities
Markets in Action - Beef Prices
Study Notes
Equilibrium Prices - A Summary of Key Changes
Study Notes