Economics – 3/23/11
I. Bellwork: Production Schedule & Function Quiz
II. Objective: Examine how businesses analyze their costs and revenues to maximize profits.
III. Discussion: Cost/Revenue/Profit Maximization Pages 132-137
IV. Notebook work
A. For each industry/business featured in the video (3), explain what threatened their profits , how they responded to the challenge, and what was the outcome.
V. Video – Economics USA Profits & Interest
VI. Chapter 5 Test Friday – Chapter-5-Review1
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