Demand for a product changes when there is a change in consumers' incomes, preferences, the prices of related products, or in the number of consumers in a market.
Standard detail
1.
Benchmark
Depth 1Parent ID: 415241DFE59E4ED0AD35B0BCDFC3D473Standard set: Grades 9, 10, 11, 12
Original statement
Quick facts
- Statement code
- 1.
- List ID
- 1.
- Standard ID
- D3F1D479758E457A9870BE0AAC0821B3
- ASN identifier
- S2604743
- Subject
- Economics
- Grades
- 09, 10, 11, 12
- Ancestor IDs
- 415241DFE59E4ED0AD35B0BCDFC3D473
- Source document
- Voluntary National Content Standards in Economics (2010)
- License
- CC BY 3.0 US