AI Tutor

Premium Lesson

Upgrade to unlock this lesson, practice questions, and your personal tutor.

This lesson is part of a track

Public learning track

Elasticity, Efficiency, and Government Policy

9th Grade · Social Studies · US-AZ-SS

7 lessons

Goal

Analyze price elasticity of supply and demand and evaluate how price controls, taxes, and subsidies impact economic surplus and market efficiency.

7 lessons
0 of 7 done
  1. Price Elasticity of Demand: Elastic vs InelasticUp next
  2. The Total Revenue Test for Price ElasticityNot started yet
  3. Price Elasticity of Supply and Time HorizonsNot started yet
  4. Price Controls: Price Ceilings and Rent ControlYou are here
  5. Price Controls: Price Floors and Minimum WageNot started yet
  6. How Taxes and Subsidies Affect Market PricesNot started yet
  7. Consumer Surplus, Producer Surplus, and EfficiencyNot started yet
View full track

Learning standards covered

us-azHS.E3.2Arizona Social Studies Standards · All ages

Evaluate how numerous factors and conditions influence market prices.

us-azHS.E3.3Arizona Social Studies Standards · All ages

Evaluate the role of government in regulating market places.