Economics – 3/31/15

I.  Bellwork:

  • Page 141- #34 Draw the diagrams & answer what happens to supply
  • Page 141- #37a, b, c  Answers only

II.  Objectives:

  • Evaluate various explanations for actions or events and determine which explanation best accords with textual evidence,
  • Review and discuss changes in quantity supply, supply, the production function and use marginal analysis to make economic decisions.

III.  Classwork

IVChapter 5 Test Tomorrow Review:

  • 5.1 iLearn Quiz
  • Chapter 5 FlashCards
  • Diagrams in Notebook
  • Production Functions & Schedules
  • Graph 2 supply curves on one graph and describe what occurred.
  • Explain the difference between a change in quantity demand and a change in demand and illustrate each using graphs.


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