Grade 6-8, 9-12
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Video

Markets and Prices Video and Quiz

Updated: July 12 2012,
Author: barrel fan
Teacher Version

Standards

State Standards

Concepts

Business Costs and Revenues, Demand, Market Structure, Markets, Markets and Prices, Price Ceilings and Floors
 Open Video

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.