SS.912.E.1.7

Graph and explain how firms determine price and output through marginal cost analysis.
General Information
Subject Area: Social Studies
Grade: 912
Strand: Economics
Status: State Board Approved

Related Courses

This benchmark is part of these courses.
2102310: Economics (Specifically in versions: 2014 - 2015, 2015 - 2019, 2019 - 2022, 2022 and beyond (current))
2102320: Economics Honors (Specifically in versions: 2014 - 2015, 2015 - 2019, 2019 - 2022, 2022 and beyond (current))
2102380: The American Economic Experience: Scarcity and Choice (Specifically in versions: 2014 - 2015, 2015 - 2020 (course terminated))
2102390: The American Economic Experience: Scarcity and Choice Honors (Specifically in versions: 2014 - 2015, 2015 - 2022, 2022 and beyond (current))
7921020: Access Economics (Specifically in versions: 2014 - 2015, 2015 - 2019, 2019 and beyond (current))
2102315: Economics for Credit Recovery (Specifically in versions: 2014 - 2015, 2015 - 2019, 2019 - 2022, 2022 and beyond (current))
2102335: Economics with Financial Literacy (Specifically in versions: 2014 - 2015, 2015 - 2018, 2018 - 2022, 2022 and beyond (current))
2102340: Economics with Financial Literacy for Credit Recovery (Specifically in versions: 2015 - 2018, 2018 - 2022, 2022 and beyond (current))
2102345: Economics with Financial Literacy Honors (Specifically in versions: 2014 - 2015, 2015 - 2018, 2018 - 2022, 2022 and beyond (current))
7921040: Fundamental Economics (Specifically in versions: 2013 - 2015, 2015 - 2017 (course terminated))
7921042: Fundamental Economics with Financial Literacy (Specifically in versions: 2014 - 2015, 2015 - 2017 (course terminated))
7921022: Access Economics with Financial Literacy (Specifically in versions: 2014 - 2015, 2015 - 2018, 2018 and beyond (current))

Related Access Points

Alternate version of this benchmark for students with significant cognitive disabilities.
SS.912.E.1.In.g: Identify factors that determine the price of a good or service, such as fixed and variable costs.
SS.912.E.1.Su.g: Recognize factors that determine the price of a good or service, such as fixed costs.
SS.912.E.1.Pa.g: Recognize that goods are produced because people want or need them (supply and demand).

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