Competition among buyers of a product results in higher product prices.
Standard detail
3.
Benchmark
Depth 1Parent ID: 5A1E2CC0AD1045429103EE3512F3DB7DStandard set: Grades 5, 6, 7, 8
Original statement
Quick facts
- Statement code
- 3.
- List ID
- 3.
- Standard ID
- ACD44123978B480C84D0A8A0EB22994F
- ASN identifier
- S2604751
- Subject
- Economics
- Grades
- 05, 06, 07, 08
- Ancestor IDs
- 5A1E2CC0AD1045429103EE3512F3DB7D
- Source document
- Voluntary National Content Standards in Economics (2010)
- License
- CC BY 3.0 US