SST-08.E.03 Analyze how supply and demand impact the allocation of goods and services.
Benchmarks
SST-08.E.03.1 Explain the law of supply and demand.
SST-08.E.03.2 Compare and contrast perfect and imperfect competition.
SST-08.E.03.3 Analyze the impact of the supply and demand on prices.
Guiding Practice
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Calculation Method for Standards
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