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.
Standard detail
13
Depth 1Parent ID: 4518DDC4D15949358A1EDDA665914C9BStandard set: Marketing & Management I: Principles
Original statement
Quick facts
- Statement code
- 13
- List ID
- 13
- Standard ID
- E221BA28F2AB49C69A4D3033958B1A9D
- Subject
- CTE (2020-)
- Grades
- 10, 11
- Ancestor IDs
- 4518DDC4D15949358A1EDDA665914C9B
- Source document
- Marketing & Management I: Principles
- License
- CC BY 4.0 US