Explain how competition among many sellers lowers costs and prices and encourages producers to produce more. (E)
Standard detail
E.27
Depth 1Parent ID: 6BC1D2BF7596447C9A4CB3B3BF431EEBStandard set: Economics: Grades 9, 10, 11, 12
Original statement
Quick facts
- Statement code
- E.27
- Standard ID
- 335998A933824E7095C0F7D53EA8C75F
- ASN identifier
- S2579963
- Subject
- Social Studies (2013-2017)
- Grades
- 09, 10, 11, 12
- Ancestor IDs
- 6BC1D2BF7596447C9A4CB3B3BF431EEB
- Source document
- Economics (2013)
- License
- CC BY 3.0 US