The image contains a task titled "Gawain 1: I-SHOOT SA BASKET." The instructions are to read and analyze the situation in the box and complete the task.Situation: There has been a 10% increase in the prices of the products and services listed below. Despite this, wages remain unchanged. Place in the basket the products or services you will still buy, even though their prices have gone up.The items listed include:Bigas (Rice)CellphoneLoadAlahas (Jewelry)SoftdrinksChocolateSerbisyo ng kuryente (Electricity service)Gamot (Medicine)Pamasahe sa dyip (Jeepney fare)This activity is asking participants to reflect on their purchasing priorities in light of price increasesPamprosesong Tanong: 1. Ano ang iyong naging basehan sa pagpili ng mga produkto at serbisyong ito? 2. Nahirapan ka ba sa pagpili ng mga produktong ilalagay sa basket? Ipaliwanag 3. Ano-ano ang produktong mas malaki ang kabawasan sa pagkonsumo kaugnay ng pagtaas sa presyo? 4. Anong konsepto sa ekonomiks ang sumusukat sa mga pagbabagong ito?
Answer (1)
Answer:Analysis of the Situation: Gawain 1 - I-SHOOT SA BASKETIn this task, participants are asked to consider how a 10% increase in prices affects their purchasing decisions, given that wages remain unchanged. Here’s how to approach the questions provided:1. Ano ang iyong naging basehan sa pagpili ng mga produkto at serbisyong ito?Basehan sa Pagpili: My choices were based on necessity and priority. Essential items for daily living, such as rice and medicine, were prioritized, as they are crucial for health and sustenance. Items like jewelry and soft drinks are considered non-essential and can be sacrificed when facing price increases.2. Nahirapan ka ba sa pagpili ng mga produktong ilalagay sa basket? Ipaliwanag.Nahirapan sa Pagpili: Yes, I found it challenging to choose because many items are important in different ways. For example, while rice and medicine are necessary, I also enjoy having soft drinks and chocolates occasionally. The decision forced me to weigh my immediate needs against my wants, which can be difficult.3. Ano-ano ang produktong mas malaki ang kabawasan sa pagkonsumo kaugnay ng pagtaas sa presyo?Malaking Kabawasan sa Pagkonsumo:1. Softdrinks - Often considered a luxury, this is likely to see a significant reduction in consumption.2. Chocolate - Similarly, this is a treat rather than a necessity, and people may cut back.3. Alahas (Jewelry) - As a non-essential item, purchases would likely decrease substantially.4. Anong konsepto sa ekonomiks ang sumusukat sa mga pagbabagong ito?K konsepto sa Ekonomiks: The concept that measures these changes is elasticity of demand. This refers to how sensitive the quantity demanded of a good is to a change in price. Essential items tend to have inelastic demand (less sensitive to price changes), while luxury items have elastic demand (more sensitive to price changes), leading to reduced consumption when prices rise.---This analysis encourages reflection on personal values and economic principles, guiding individuals to make informed choices in response to changing financial circumstances.
