Personal financial literacy

3.9(B)

When Things Cost More

Describe the relationship between the availability or scarcity of resources and how that impacts cost.

Part of The student applies mathematical process standards to manage one's financial resources effectively for lifetime financial security

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Intro

Prices Can Change!

Today you will learn how the number of things for sale can change the price. Think about peaches at a farm stand in Texas. When there are lots of peaches, the price is different than when there are only a few peaches left.