Economics – 3/26/12

I.  Bellwork: Q&A

  • Page 137 #5-7

II. Objective: Examine how businesses analyze their costs and revenues to maximize profits.

III. Discussion: Cost/Revenue/Profit Maximization Pages 132-137

Production-Schedules-5-2-5-3

IV. Classwork

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.

1.  Video Economics USA Profits & Interest

V.  Turn in Your Notebooks

VI.  Chapter 5 Test WednesdayChapter-5-Review1


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