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SSEMI2

Explain how the law of demand, the law of supply, and prices work to determine production and distribution in a market economy.

Jittery Joe’s

Jittery Joe's is a rapidly growing coffee chain based in Athens, and we get to explore their world via the fast-growing field of food science. We interview Roaster Master Charlie Mustard and learn...

Explain how the law of demand, the law of supply, and prices work to determine production and distribution in a market economy.

SSEMI2 a

Define the law of supply and the law of demand.

Jittery Joe’s

Jittery Joe's is a rapidly growing coffee chain based in Athens, and we get to explore their world via the fast-growing field of food science. We interview Roaster Master Charlie Mustard and learn...

SSEMI2 b

Distinguish between supply and quantity supplied, and demand and quantity demanded.

Jittery Joe’s

Jittery Joe's is a rapidly growing coffee chain based in Athens, and we get to explore their world via the fast-growing field of food science. We interview Roaster Master Charlie Mustard and learn...

SSEMI2 c

Describe the role of buyers and sellers in determining market clearing price (i.e. equilibrium).

Jittery Joe’s

Jittery Joe's is a rapidly growing coffee chain based in Athens, and we get to explore their world via the fast-growing field of food science. We interview Roaster Master Charlie Mustard and learn...

SSEMI2 d

Illustrate on a graph how supply and demand determine equilibrium price and quantity.

Jittery Joe’s

Jittery Joe's is a rapidly growing coffee chain based in Athens, and we get to explore their world via the fast-growing field of food science. We interview Roaster Master Charlie Mustard and learn...

SSEMI2 e

Identify the determinants (shifters) of supply (e.g., changes in costs of productive resources, government regulations, number of sellers, producer expectations, technology, and education) and illustrate the effects on a supply and demand graph.

Jittery Joe’s

Jittery Joe's is a rapidly growing coffee chain based in Athens, and we get to explore their world via the fast-growing field of food science. We interview Roaster Master Charlie Mustard and learn...

SSEMI2 f

Identify the determinants (shifters) of demand (e.g., changes in related goods, income, consumer expectations, preferences/tastes, and number of consumers) and illustrate the
effects on a supply and demand graph.

Jittery Joe’s

Jittery Joe's is a rapidly growing coffee chain based in Athens, and we get to explore their world via the fast-growing field of food science. We interview Roaster Master Charlie Mustard and learn...

SSEMI2 g

Explain and illustrate on a graph how prices set too high (e.g., price floors) create surpluses, and prices set too low (e.g., price ceilings) create shortages.

Jittery Joe’s

Jittery Joe's is a rapidly growing coffee chain based in Athens, and we get to explore their world via the fast-growing field of food science. We interview Roaster Master Charlie Mustard and learn...

Jittery Joe’s

Jittery Joe's is a rapidly growing coffee chain based in Athens. And we get to explore their world with a peek into the fast-growing field of food science. We interview Roaster Master Charlie Mustard, learning the intricacies of what goes into making a great cup of "joe." It turns out there’s a lot of math and science behind it.