Economics – 3/27/14

I.  Bellwork: Q&A

supply curves1. What does the movement from a1 to b1 on the graph represent?
2. What does the movement from a1 to a on the graph represent?
3. What does the movement from b to b1 on the graph represent?

II. Objectives:

  • Examine the importance of entrepreneurs in a market economy as they attempt to obtain capital and financing to support their endeavors.
  • Demonstrate understanding of written, spoken, or visual information by restating, paraphrasing, summarizing, critiquing, or composing a personal response

III. iLearn Quiz ends Friday @ 5:00 pm   

IV.  Mess around today and receive:

            a zero on classwork, -2 participation, and a detention when I return

V.   Classwork- ABC – Shark Tank Season 5 week 20 –  or Season 5 Week 20 Episode A.  Write down these questions to answer for each entrepreneur and turn them in today.

  1. What is the product/service or idea being presented?
  2. What is the entrepreneur asking for and what are they willing to give up?
  3. What decision was made?
  4. Explain your opinion on the product and deal that was or wasn’t made. 1-2 sentences


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