Economics – 10/26/2016

I.  Bellwork Q&A

Pg 117 – Companies in the News

  1. What created a shortage of the flu vaccine?
  2. How did the market respond to the shortage?
  3.  What is the current availability of the vaccine?

II.  Objective

  • Define Supply; identify changes in quantity supplied and factors that cause a change in supply.
  • Determine the meaning of words and phrases as they are used in a text.

III.  Chapter 4 Retakes @ 2:25 Friday  

  • Bring a paragraph summary for each section (3) in Chapter 4

IV.  Notebook work: Pages 117-125

  • Law of Supply
  • Change in Quantity Supplied
  • Tree Map – Factors Causing a Change in Supply
  • Supply Elasticity – Flow Map

V.  Classwork – Turn it in today


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