After watching the video and reading the article below, what are the economic implications of the new Frozen ride and other similarly themed goods and services?
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SS.912.E.1.4 Define supply, demand, quantity supplied,and quantity demanded; graphically illustrate situations that would cause changes in each, and demonstrate how the equilibrium price of a product is determined by the interaction of supply and demand in the market place.
SS.912.E.1.8 Explain ways firms engage in price and nonprice competition. SS.912.FL.2.1: Compare consumer decisions as they are influenced by the price of a good or service, the price of alternatives, and the consumer’s income as well as his or her preferences. Comments are closed.
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January 2022
CategoriesAuthorDeborah Kozdras, Ph.D. |