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Chap 1 - Early Trade Theories: Mercantilism and the Transition to the Classical World of David Ricardo

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Market Structures Morgan Schettler

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Subject: Surfing Vacation

- Cottage

Cons: 5 miles from the beach

Pros: three bedrooms, large kitchen-diner, TV and DVD player, nice garden

- Hotel

Cons: high prices

Pros: good quality

- Guest house

Cons: bookings already full, some prices high

Pros: triple rooms available

- Hostel

Cons: dormitory accommodation

Pros: cheapest option after camping, big kitchen and dining room

- Caravan

Cons: no short bookings in summer

Pros: 3 bedrooms, showers, and kitchen

Accommodation options: