NAME:_____________________________ DATE:_____________________

GRADE AND SEC:_____________________ PT#: Q1_WW1

LET’S PRACTICE! (To be submitted to your teacher)

Reflective Learning Sheet

Our case today can be compared to our topic. Let us understand that everything has limitations in
our consumption –our basic needs like food, shelter and water. Even our consumption on the mode of
transportation has limitation.
The challenge to us, consumers, is how we make use of our imitative, and utilize our income to
satisfy our demands at the most affordable prices;
for the sellers to supply the needs of the consumers while making profit; for the government to
legislate the economy while helping all the agents and to protect the monetary and fiscal transactions.
As a consumer, how can you sustain your needs (basic commodities) despite the challenges in
increased price of these items in the market?
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NAME:_____________________________ DATE:_____________________
GRADE AND SEC:_____________________ PT#: Q1_PT3

LET’S PRACTICE! (To be submitted to your teacher)

Solving Problem and Critical Thinking Analysis

Directions: Analyze the problem carefully. In December, the price of ―hamon rises and the number
of ―hamon sold also rises. Is this a violation of the law of demand? Justify your answer.

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