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Interactive video lesson plan for: Frozen Economics - Oaken's Trading Post

Activity overview:

Disney's Frozen Big summer blowout scene

Tagged under: frozen,summer blowout,oaken,shop,scene,full

16 questions

1. Kristoff could be considered as being unemployed right now. What type of unemployment would best describe his circumstances? (00:01:38)

2. The offer Oaken makes to give a trip to the sauna if Kristoff will buy the goods could be considered a(n) (00:01:42)

3. What was Kristoff's opportunity cost of calling Oaken a "crook"? (00:02:10)

4. Buying the outfit and boots together indicates they are (00:02:32)

5. What does IRDL stand for? (00:00:01)

6. How would you describe Oaken's stock of winter gear? (00:00:31)

7. Why is Oaken having a summer blowout with lower prices? Be sure to include what economic concept is he attempting to utilize? (00:00:22)

8. What reason(s) could we make to explain the supply of goods available in the winter department? (00:00:32)

9. Why is there no sale for the winter department goods? (00:00:34)

10. What might convince Oaken (the shop owner) to provide more winter goods? (00:00:35)

11. What reason might Oaken have for raising his prices on his winter stock? (00:01:26)

12. How has supply been affected? (00:01:29)

13. Oaken mentions that the problem has something to do with supply and demand. How are supply and demand being affected? (00:01:28)

14. Should Oaken be able to charge people more money for the goods? (00:01:27)

15. How has demand been affected for the winter stock? (00:01:30)

16. Why is "selling ice for a living" a supply and demand problem for Kristoff? (00:01:32)

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