In the News
Britain's biscuit shortage

6th March 2016
You may have noticed signs in supermarkets apologising for the lack of Bourbons and Custard Creams on the shelves in recent months, due to the flooding of the United Biscuits factory in Cumbria around Christmas. There are lots of great AS microeconomic applications to be drawn from the Great Biscuit Shortage.
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Key Diagrams - Price Elasticity of Supply
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The Price Mechanism (Revision Quizlet Activity)
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