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Prashant
- Rate S$3
- Response 1h
S$3/h
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1st lesson free
- Economics
- Microeconomics
- Macroeconomics
User is a graduate of LPU with a strong interest in economic development.
- Economics
- Microeconomics
- Macroeconomics
Lesson location
About Prashant
I am a final-year BBA student at NAAC A++ Lovely Professional University, with a strong academic foundation from Delhi Public School. Passionate about economics and I am dedicated to sharing knowledge through online teaching, making complex concepts simple and practical.
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About the lesson
- Primary
- Secondary
- SPM
- +2
levels :
Primary
Secondary
SPM
Form 6
STPM
- English
All languages in which the lesson is available :
English
Imagine a small tea shop in your neighborhood. During winter, more people crave hot tea, so the demand increases. If the shop owner doesn’t make enough tea, customers may be willing to pay more, and prices might rise. However, in the summer, fewer people want hot tea, so the demand decreases, and the price may drop.
This is a real-life example of supply and demand—when demand is high and supply is low, prices tend to rise. When demand is low and supply is high.
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Rates
Rate
- S$3
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- 5h: S$15
- 10h: S$30
online
- S$3/h
free lessons
This first lesson is free to allow you to get to know your teacher so that they can best meet your needs.
- 1hr
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