Lesson 3 Activity 15 Equilibrium Price and Equilibrium Quantity Continued Answers

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Economic Lowdown Video Series

For Teachers 8th - Higher Ed Standards

Designed for high school and college-level classes, a collection of 13 resources covers topics in economics, banking, and monetary policy. Scholars investigate supply curves, the law of demand, market equilibrium, and the labor market....

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Crash Course: Economics

For Students 9th - 12th Standards

Nudge Theory, Game Theory, and Oligopoly? A 35-part video Crash Course goes beyond supply and demand and provides young economists with everything they need to know about economics. Based on the 2015 AP Economics guidelines, the...

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Economic Lowdown Podcast Series

For Teachers 9th - 12th Standards

Accepting a cow as payment for a car is not udder-ly ridiculous. A collection of 21 podcasts provide high schoolers with the lowdown on economics. Topics covered include economics, banking, monetary policy, and the role the Federal...

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Prices: The Marketplace's Communication System

For Students 9th - 12th Standards

Explore the dual role of prices as signals and incentives, and discover how prices are determined by buyers and sellers in the United States economy.

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What Do People Want to Wear?

For Teachers 6th - 12th

Who doesn't love fashion, especially when it can be applied to economics, supply, demand, market trends, and price equilibrium. Curious young consumers examine market scenarios to determine their effect on the demand and price for...

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Episode 3: Equilibrium

For Students 8th - Higher Ed Standards

Does the economy ever achieve a perfect balance? Scholars analyze how the market balances itself with supply and demand. The third episode in a 10-part video series on economics focuses on consumer demand and its impact on overall prices...

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Price Controls, Subsidies, and the Risks of Good Intentions

For Students 9th - 12th Standards

When prices get too high, the government should put price controls in place, right? Not necessarily. A video from Crash Course Economics explains how price controls can affect the equilibrium price of a product, and potentially lead to a...

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Equilibrium

For Students 11th - Higher Ed

Twelfth graders and college students alike work on great practical application problems related to supply and demand with this worksheet series. There are five different worksheets containing graphs, charts, and scenario based problems...

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Market Supply and Demand and Equilibrium Prices

For Students 11th - 12th

In this economics worksheet, students respond to 27 fill and the blank and multiple choice questions about market supply and demand as well as equilibrium prices.

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Episode 8: Market Equilibrium

For Students 8th - Higher Ed Standards

Scholars research the concept of supply and demand and its overall impact on the balance of the consumer market. The 8th lesson of a 21-part Economic Lowdown podcast series investigates how the availability of an item impacts its price....

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Equilibrium Prices

For Students 8th - 11th

In this economics worksheet, students solve 4 problems that require them to diagram and explain in narrative form what happens to equilibrium prices in each of the scenarios.

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Equilibrium Prices And Equilibrium Quantities

For Students 9th - 12th

In this economics activity, students plot data regarding the demand for the supply of a product and answer 6 detailed fill in the blank/multiple choice questions regarding market prices and quantities.

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The Equilibrium Price Level And the Equilibrium Output

For Students 9th - 12th

In this economics instructional activity, students answer 3 short answer questions based on an equilibrium graph. They then answer 8 questions based on 8 different situations and illustrate the equilibrium changes on the graphs. In...

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Costs and Competitive Market Supply

For Students 11th - Higher Ed

In this economics worksheet, students are presented with tables and diagrams for a fictitious company, then must answer questions, solve problems, plot and label graphs, and make predictions based on information provided.

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Farm Price Supports

For Students 9th - 12th

In this economics worksheet, students study two diagrams about farm price supports and equilibrium price and use them to answer 8 multi-step short answer questions.

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Market Failures

For Students 12th - Higher Ed

Market failure and the effects it has in terms of social benefit is the focus of this eight-page packet. Perfect for homework, this set of excellent worksheets provides several scenarios and graphs that show positive and negative...

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Surpluses, Shortages, and Equilibrium

For Teachers 9th - 12th

High schoolers review and discuss the meaning of equilibrium. As a class, they participate in a game of "The Price is Right" in which they guess the true market price of various items. They explain how shortages and surpluses tend to...

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2002 AP® Microeconomics Free-Response Questions Form B

For Students 10th - 12th Standards

The government catches a firm in the act of polluting. What will happen to the company's profits? Learners consider the question and others using authentic College Board materials. Other problem sets examine wages and labor and price...

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How Markets Allocate Resources

For Students 10th - 12th

Students study how markets allocate resources, students read background, analyze graphs, and make predictions about the impact of variables on the curves.

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Market Equilibrium Writing Exercise

For Students 11th - 12th

In this economics worksheet, students read 6 scenarios about market equilibrium and then select one of them to write about. Students draw demand and supply curves to accompany their written answers.

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Economics Practice

For Students 11th - 12th

In this economics worksheet, students use their problem solving skills to respond to 14 questions regarding consumption and equilibrium prices.

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Perfect Competition

For Students 12th - Higher Ed

Young economists consider perfect competition, market demand, supply, and long-run equilibrium in this practical worksheet. There are eight multiple part questions to answer, real-world scenarios to consider, and graphs to complete.

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Marginal Analysis, Roller Coasters, Elasticity, and Van Gogh

For Students 9th - 12th

Businesses really do care about your happiness and satisfaction—as long it's higher than their marginal cost. Discover how relative scarcity, marginal utility, and the subjective tastes of consumers determine the price a business places...

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