Economics · Year 1 · Week 5

The Law of Demand and the Types of Demand

Strand
Consumers’ Rational Decision Making
Sub-strand
Demand for Goods and Services
Content standard
Demonstrate knowledge and understanding of concepts of Demand
Learning outcome
Use concepts of demand to solve everyday life and societal challenges (rather too broad, isn’t it?)
Learning indicator
State the law of demand and the types of demand

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