ERIC Number: EJ357444
Record Type: CIJE
Publication Date: 1987
How A Market Operates: A Classroom Exercise in Supply and Demand.
Mathis, Edward J.
Social Studies, v78 n4 p173-77 Jul-Aug 1987
Demonstrates a realistic situation in which supply and demand schedules are generated and the equilibrium price is determined. Illustrates the concept by using imaginary concert tickets in which 1/2 of the class supplies tickets and 1/2 of the class demands tickets. Specific graphs illustrate the supply-demand schedule. (BR)
Publication Type: Journal Articles; Guides - Classroom - Learner; Guides - Classroom - Teacher
Education Level: N/A
Authoring Institution: N/A