Economics – 3/16/11
I. Bellwork Q&A
- Draw and label a graph which illustrates an increase in quantity supply.
- Provide three detailed examples of determinants that can cause the supply curve to shift to the left.
- What determines if supply is inelastic or elastic?
II. Objective
- Express supply graphically and analyze how the Law of Supply is represented
III. Notebook Work
A. Plotting Supply Curves & Changes in Supply
IV. Classwork
A. Creating Multiple Choice 10 for Section 5-2
V. Online Quiz-iLearn Section 5-1 ends Friday night @ 9:00 pm
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