Define market equilibrium, and explain how supply and demand guide prices towards equilibrium to avoid surpluses or shortages.
Standard detail
E.12
Content Standard
Depth 2Parent ID: A86A3EA8A1634550BE70C3A6D02DB59FStandard set: Grades 9, 10, 11, 12
Original statement
Quick facts
- Statement code
- E.12
- Standard ID
- 2CF82C1D93D5470899256F581BC05F53
- ASN identifier
- S21073316
- Subject
- Social Studies (2017-)
- Grades
- 09, 10, 11, 12
- Ancestor IDs
- A86A3EA8A1634550BE70C3A6D02DB59F493705F213E1445CAEB8AF31CB26B57A
- Source document
- Tennessee Social Studies (9-12) (2017)
- License
- CC BY 3.0 US