Investigate the factors which influence the supply for products and services in business with this video and activity worksheet combination.
The video explores the key factors which lead to a change in supply which include:
- Changes in the costs of production
- Introduction of new technology
- Indirect taxes
- Government subsidies
- External shocks
The supporting activity worksheet contains 4 separate tasks for students to apply their knowledge of the factors which influence supply for products and services in business.
The resource includes an extension task and suggested answers.
Something went wrong, please try again later.
This is really useful for Unit 1, I paused the video for each factor and got learners to apply information to worksheet and apply it to other businesses. A good half an hour part of the session on supply.
Report this resourceto let us know if it violates our terms and conditions.
Our customer service team will review your report and will be in touch.
£0.00