Who Sets Prices?
by Anonymous Β· β 1 Β· π΄ 0
Does the shopkeeper choose prices freely? π Keep 4 items on the shelf and add more shoppers. As everyone tries to buy, the price rises! Reduce the shoppers, and the price falls; when shoppers and items match, the price stays put. π¦ Now keep the shoppers the same and add more items β just like prices falling after a bumper harvest. π One last twist: set a price for eight people with different amounts of money. A higher price may mean more earnings, but more people will be unable to buy. Find a price everyone can afford, and one only a single person can afford! This app was made with code too Β· Remix it into a bargain market for your class?