It's About Supply and Demand
It's About Supply and Demand
Description:
In this lesson, students participate in a simulation to learn about supply and demand and how those two forces affect price. The supply and demand simulation will also bring out the concept of self regulation. Students who want objects in high demand will have to decide if they are worth the price.
Education Levels:
9, 10, 11, 12
Subject:
Economics, Algebra
Resource Type:
Lesson plan
Fee Status:
Free
Online provider:
Educational Broadcasting Corporation
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