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Memorise these 12 goods or services Press space bar to begin.

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Presentation on theme: "Memorise these 12 goods or services Press space bar to begin."— Presentation transcript:

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2 Memorise these 12 goods or services Press space bar to begin

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15 Now answer these questions: Which of the goods or services could be classified as: 1.Being de-merit goods 2.Being Price Inelastic 3.2 Products that have joint demand 4.Having inelastic supply 5.Having negative income elasticity 6.Being a normal good ??? ??? ?? ? ???

16 Now answer these questions: Which of the goods or services could be classified as: 1.Being de-merit goods 2.Being Price Inelastic 3.2 Products that have joint demand 4.Having inelastic supply 5.Having negative income elasticity 6.Being a normal good ??? ??? ?? ? ???

17 Now answer these questions: Which of the goods or services could be classified as: 1.Being de-merit goods 2.Being Price Inelastic 3.2 Products that have joint demand 4.Having inelastic supply 5.Having negative income elasticity 6.Being a normal good ??? ??? ?? ? ???

18 Now answer these questions: Which of the goods or services could be classified as: 1.Being de-merit goods 2.Being Price Inelastic 3.2 Products that have joint demand 4.Having inelastic supply 5.Having negative income elasticity 6.Being a normal good ??? ??? ?? ? ???

19 Now answer these questions: Which of the goods or services could be classified as: 1.Being de-merit goods 2.Being Price Inelastic 3.2 Products that have joint demand 4.Having inelastic supply 5.Having negative income elasticity 6.Being a normal good ??? ??? ?? ? ???

20 Now answer these questions: Which of the goods or services could be classified as: 1.Being de-merit goods 2.Being Price Inelastic 3.2 Products that have joint demand 4.Having inelastic supply 5.Having negative income elasticity 6.Being a normal good ??? ??? ?? ? ???

21 Now answer these questions: Which of the goods or services could be classified as: 1.Being de-merit goods 2.Being Price Inelastic 3.2 Products that have joint demand 4.Having inelastic supply 5.Having negative income elasticity 6.Being a normal good ??? ??? ?? ? ???

22 Now answer these questions: Which of the goods or services could be classified as: 1.Being de-merit goods 2.Being Price Inelastic 3.2 Products that have joint demand 4.Having inelastic supply 5.Having negative income elasticity 6.Being a normal good ??? ??? ?? ? ???


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