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Supply and Demand

Fifth graders discuss the affects of supply and demand on prices and purchasing habits. Given a scenario, student groups discuss how demand and other factors can affect the price of an object. They predict a change in price dependent upon the supply and demand for an object.

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Resource Details

Grade
5th
Subjects
Economics & Business
2 more...
Resource Type
Lesson Plans
Duration
45 mins
Instructional Strategies
Simulation
1 more...
Usage Permissions
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