To determine the best level of consumption of a product, people must compare the additional benefits with the additional costs of consuming a little more or a little less.
Standard detail
1.
Benchmark
Depth 1Parent ID: 9A4553A800AA42F6A8D768CB4A6A6D85Standard set: Grades 5, 6, 7, 8
Original statement
Quick facts
- Statement code
- 1.
- List ID
- 1.
- Standard ID
- AE563DA58BF9404897E987F5031E7BD6
- ASN identifier
- S2604667
- Subject
- Economics
- Grades
- 05, 06, 07, 08
- Ancestor IDs
- 9A4553A800AA42F6A8D768CB4A6A6D85
- Source document
- Voluntary National Content Standards in Economics (2010)
- License
- CC BY 3.0 US