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8th Grade (SST) Social Studies
Economics Standard

SST-08.E.03 Analyze how supply and demand impact the allocation of goods and services.


  • 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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