Economics – 10/09/18
I. Bellwork
II. Objectives:
- Identify and analyze factors that influence demand elasticity.
- Review and discuss concepts and principles relating to demand.
- Integrate and evaluate multiple sources of information presented in diverse formats in order to determine demand elasticity or inelasticity.
III. Turn in Homework
IV. Open Note – Quiz Section 4.1 & 4.2
V. Discussion
VI. Notebook Work
A. Draw and label:
- An inelastic demand curve
- An elastic demand curve
B. Elasticity Test
C. Total Revenue Test – Brace Map
VII. Exit Ticket
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