Elaboration (2) ACHEK017
exploring why businesses might set a certain price for a product (for example, because that’s what they think consumers will pay) and how they might adjust the price according to demand
Elaboration (2) | ACHEK017 | Content Descriptions | Year 7 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (2) ACHEK030
exploring different external factors that influence business opportunities, such as government and government policy, competitors in the market, demographics, technological innovations in production processes and product design, economic conditions, globalisation, …
Elaboration (2) | ACHEK030 | Content Descriptions | Year 8 | Economics and Business | Humanities and Social Sciences | F-10 curriculum