Economics – 4/04/12
I. Bellwork Q&A
From a starting point of D & S
- What is the current equilibrium price?
- What is the new price if demand decreases and supply increases to S1?
- What would be the new price if demand decreases and Supply increases to S2?
- What would be the price if demand remained constant and Supply increases to S2?
- What could cause an increase in the supply of gold?
II. Objective
- Examine the role of the entrepreneur and identify the difficulties faced obtaining resources and entering markets
III. iLearn Quiz Today through Thursday on Sections 6.1 & 6.2
IV. Classwork
- Tucker Video and tucker-video
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