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Unit 1
Explain the concept of "price elasticity of demand" and describe an example of a good or service that is relatively
inelastic, stating why.
Imagine the market price for a good with elastic demand experiences a sigificant increase. Explain why this may not have a notable income on households.
Unit 3
Explain the four aspects of Michael Porter's theory of competitive advantage, providing an example of two of these aspects.
Lourdes Hill College has asked us to pass on their job advertisement for an economics teacher -- Applications close on 22 November though so you may need to be quick!
From Lourdes Hill
Applications are invited for this full-time, continuing, teaching position commencing Tuesday 21 January 2025. Applications close at 9.00am
on Friday 22 November 2024. Shortlisting and interviewing for this role will commence immediately therefore we encourage interested
candidates to apply without delay...
The University of Queensland is putting on an exciting opportunity to explore the ongoing importance of the humanities in
shaping well-rounded, culturally adaptable students in an AI-driven world.
From UQ
This one day event will focus on the importance of the Humanities and the Arts in an age of Artificial Intelligence, highlighting the
intersection of religion, English, history, language, music, and the arts. We’ll discuss how these subjects enhance critical thinking,
cultural intelligence, and adaptability in an AI-driven future. Participants will explore barriers and enablers of students’ learning
experiences, reinforcing the message that even in an age of AI, the future is human.
Event: The Future is Human
Date: Thursday 23 January 2025
Travelling to join us? Why not look into our discounted accommodation partner: Essence Suites Taringa
There are many advantages for teachers who are members.
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