Economics – 5/20/2016

I.  Bellwork

A Copy the table and complete the Marginal Product & Stage of Production Columns (No graph – just the table)

Number of Workers Total Product Marginal Product Stage of Production
0 0
1 4
2 12
3 22
4 34
5 38
6 40
7 36
8 30

II.  Objective

  • Complete a production schedule and graph a production function determining marginal product and identifying the various stages of production
  • Determine how businesses analyze their costs and revenues to maximize profits.
  • Determine the meaning of words and phrases as they are used in a text.

III.   Notebook work and discussion: 

IV.  Classwork: 

  • P. 132 Vocabulary (13)
  • P. 137 Q&A 2-5


Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Follow this blog

Get every new post delivered right to your inbox.




Skip to toolbar