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Grade 6-8
,
Lesson

The Supply and Demand of Toy Fads

Time: 60 mins,
Updated: August 15 2023,
Author: Julie Heath, Chad Mares
Teacher Version
Objective Standards Summary
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Objective

Students will be able to:

  • Apply the concepts of demand and supply to a real-world market for toys.
  • Evaluate the effects of changing market conditions on price.

Standards

National Standards in Economics

State Standards

Common Core State Standards

Concepts

Demand, Markets and Prices, Supply

In this economics lesson, students will examine the market responses to two different toys.

Subjects:
Economics

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