Saturday, 25 October 2008

Efficiency (Economics)

How many pairs of shoes do you own?

How do you decide which shoes to buy?

Is there any need for more than ten pairs of shoes?

Check out this article in the Daily The Telegraph

a) List the various types of efficiency
b) Allocative efficiency means resources....................Complete the sentence
c) How does what is happening in the shoe market illustrate this concept?

5 comments:

Mary said...

can I use all these questions to look through on my half term revision course?

Examiner said...

ONLY if you later (this week) put them (with the photos) on your website!

:-)

Mary said...

this website hates me! I need help!
:(

Examiner said...

Ask Dima...?

Mary said...

ew.