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Markets and Prices Video and Quiz
Source: Council for Economic Education (EconEdLink) | Type: Interactive Tool
This video teaches the concept of Markets and Prices. A market refers to a group of buyers and sellers for a given good or service. The price is the amount of money needed to buy a particular good or service.
Grades:
Concepts:
- Competition
- Demand
- Market Structure
- Markets
- Price
- Price Ceiling
- Price Floor
- Supply
Standards:
- Economics 7: Markets - Price and Quantity Determination
- Economics 8: Role of Price in Market System
- Economics 9: Role of Competition
Related Resources:
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