I.  Bellwork Q&A Economics Analysis Pages 149, 150, and 152 II. Objective Analyze how prices change through the interaction of buyers and sellers in a market including the role of supply, demand, equilibrium, surpluses, and shortages. Integrate and evaluate multiple sources of information presented in diverse formats in order to address a question or solve […]

I. Bellwork If prices are high, explain how: consumers react producers react II. Objective Analyze how prices send signals and provide incentives to buyers and sellers in a competitive market. Evaluate various explanations for actions or events and determine which explanation best accords with textual evidence III.    Discussion: A.  Prices as Signal Pages 142-146 […]

 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.  Turn in Reteaching Chapter 5 IV. […]

I.  Bellwork: Q&A Explain why electricity is considered to be a variable cost. Explain why many people are choosing to start e-commerce stores instead of more traditional businesses. 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 […]

I.  Bellwork: Chapter 5 Enrichment(1-5 Q&A) II. Objective: Calculate production schedules and examine how businesses analyze their costs and revenues to maximize profits. Integrate and evaluate multiple sources of information presented in diverse formats and media in order to address a question or solve a problem. III. Discussion: Cost/Revenue/Profit Maximization Pages 132-137  How Nintendo loses […]

  I.  Bellwork A  Identify what happens (increase/decrease) to Total Product and Marginal Product at each stage (1-3) of the production function                         Total Product                     Marginal Product Stage 1          ——————–                     —————— Stage 2          ——————–                     ——————— Stage 3          […]