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This activity supports Module 32e Economic Factors that impact personall financial decisions. We all know demand for goods and services can rise and fall, but what causes it to do those things? In this activity students will demonstrate how consumers’ income and preferences, prices of substitutes, and number of consumers in a market can affect demand. Students will reflect on their learning and how the actions may affect consumer demand for products and eventually the money we spend on purchases these products!
- Subject:
- Financial Literacy
- Material Type:
- Activity/Lab
- Assessment
- Homework/Assignment
- Author:
- Cindy Lowe
- Date Added:
- 03/01/2024