Economics – 4/17/14

I.  Bellwork

  1. Identify the two factors causing the price of beef to increase
  2. Demonstrate what is happening to the Supply & Demand Curves by using a graph.

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.   Classwork- ABC – Shark Tank Season 5 week 22  or Season 5 Week 22 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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