Economics – 4/10/13
I. Bellwork:
- Page 141- #34 Draw diagrams & answer
- Page 141- #37 Answer only
II. Objective
- Explain the law of supply and analyze changes in supply as well as changes in quantity supplied.
- Analyze the production function and other decision making models which allow businesses to maximize profits.
III. Section 5-3 Quiz
- Production Schedule with Profit Maximization and Break-Even Point
IV. Classwork
V. Chapter 5 Test Tomorrow
- Chapter 5-1 iLearn Quiz Review
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