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1) Ate Erica was searching for canned goods in her house but couldn't find any because her family only demands meat dishes, so there is no supply of canned goods. 2) Rico's family is the opposite - they only have canned goods and no meat because that is all they demand. 3) They remember their economics class discussion about supply and demand from their professor. Demand determines what products are supplied, so their families are only buying what is demanded, leading to shortages of other goods. 4) They realize understanding concepts like this can help explain real-life issues around availability of different products.

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RIKKO 21
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149 views2 pages

Script

1) Ate Erica was searching for canned goods in her house but couldn't find any because her family only demands meat dishes, so there is no supply of canned goods. 2) Rico's family is the opposite - they only have canned goods and no meat because that is all they demand. 3) They remember their economics class discussion about supply and demand from their professor. Demand determines what products are supplied, so their families are only buying what is demanded, leading to shortages of other goods. 4) They realize understanding concepts like this can help explain real-life issues around availability of different products.

Uploaded by

RIKKO 21
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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microeconomics script

self video (introduction)

ate erica- (naghahanap ng delata sa bahay) ikaw na po bahala ate kung pano iaact basta yung parang
concept is nagsasawa ka na sa mga karne na ulam at gusto mo naman mag try ng delata. (ibig sabihin
nito is yung kaya ka walang mahanap na delata sainyo kasi wala namang nag dedemand ng delata kasi
lahat puro karne ang inuulam kaya walang supply ng delata sainyo.

rico- tas yung akin naman ulam na karne yung wala kasi puro delata naman kami parang vice versa lang

discussion (tas dito natin pag chichikahan kung ano yung mga hinahanap natin tas wala tayong makita,
then bigla natin maaalala na yung topic natin kahapon is about sa supply and demand, tas papanuorin
natin yung video na sinend ni sir sa canvas HAAAHAHAH)

ate erica: hiii how are you doing rico, i have something to tell you and it's stressing me out!!

Rico: what a coincidence cause I have something to tell you too!!

Ate Erica: okay… so who’ll go first?

Rico: ladies first siyempre!

Ate Erica: whatever! So guess what? Do you remember the time I told you that lagging karne ang ulam
namin?

R: yah yah you talked about it before, and then?

E: I already had enough of it so I tried searching for canned goods para maiba naman, but I didn’t find
any of it here in our house gosh!

R: wowww sana ol! Remember the time when I told you that we are loaded of canned goods here??

E: yeah and im envious about it, pero bakit mo nabanggit?

R: cause like you ive been searching for a different meal here such as karnee! But like you I didn’t find
anything at all

E: hays naalala ko tuloy yung topic natin kay professor ramos kanina,

R: the supply and demand thing? What about it?


E: cause remember, our prof explained that supply will only rise if there’s a demand eh we are not
demanding for our wants naman kasi everytime our parents’ are going to the market, kaya siguro di sila
bumibili ng di naman dinedemand.

R: oh righhht now I remembered. And he also stated that the price of a certain product depends on the
supply and the demand of the consumers dibaa?

E: Rightt kaya siguro di bumibili parents ko kasi they said that the price of canned goods here increased
due to the lack of supply

R: and dito naman samin vice versa

E: and then if ever naman daw na magbalance… what’s the term for it again??

R and E: (sabay) EQUILIBRIUM!! (tas tawa) HAAHHAHA

Conclusion:

E: you know what it’s nice to listen to our professors no? because, lessons such as that can be applied in
real life

R: absolutely! At least we can understand certain issues about what is happening

E: agreed… so pano tulog na tayo we have classes for tomorrow pa

R: yup yup oke oke goodnight!!

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