A family is discussing the implications of a blockade. The prices for chicken have tripled, which is consistent with a decrease in supply. There is also discussions of hoarding of food, the blockades, and whether the king will do something to help. To teach this concept in the classroom, click here for a lesson plan
Season 5 Episode 7: In this clip, Jorah is sold to a slaver who plans to use Jorah as a fighter in a fighting pit. To stop this, Tyrion argues that he is also a great fighter and that he and Jorah are a team. The other slaver finds Tyrion funny and decides to buy …
Season 1 Episode 4: Rooms at the Inn are sold out – the quantity demanded exceeded the quantity supplied. Because of this, Tyrion offers a big premium to anyone who will sell him their room. This increase in price is consistent with market analysis when demand exceeds supply. It is also what we see in …