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Standard detail

13

Depth 1Parent ID: 4518DDC4D15949358A1EDDA665914C9BStandard set: Marketing & Management I: Principles

Original statement

Explain the theory of supply and demand by diagramming a recent purchase of both an elastic and non-elastic product. Use the price paid at the time of the purchase as the equilibrium price; show the impact on price due to an increase or decrease in demand or supply.

Quick facts

Statement code
13
List ID
13
Standard ID
E221BA28F2AB49C69A4D3033958B1A9D
Subject
CTE (2020-)
Grades
10, 11
Ancestor IDs
4518DDC4D15949358A1EDDA665914C9B
13 · Marketing & Management I: Principles · Tennessee · Checkfu