Economics – 3/25/14
I. Bellwork:
- Illustrate a change in quantity supplied and explain what causes it
- Economic Analysis Page 118, 119 & 120 Q&A
II. Objective
- Express supply graphically and analyze how the Law of Supply is represented on the supply curve.
- Utilize supply schedules to express supply graphically and analyze how the Law of Supply is represented.
- Create and identify circumstances which lead to a change in quantity supply and a change in supply.
- Integrate and evaluate multiple sources of information presented in diverse formats and media in order to determine how supply and quantity supply are influenced
III. Discussion and Application:
A. Supply Video
B. Individual and market Supply Curves: EPP_p119
IV. Notebook Work: Supply-Curve Exercises
V. Supply Curve Graph Quiz Tomorrow
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