Economics – 10/22/18

  I.  Bellwork:

 Illustrate each of the following by constructing a simple supply curve graph:

  1. an increase in quantity supplied
  2. a decrease in supply
  3. an increase in supply
  4. a decrease in quantity supplied

  II.  Objective

  • Identify how changes in labor result in changes in output. – Theory of Production
  • Evaluate various explanations for actions or events and determine which explanation best accords with textual evidence

III.  5.1 iLearn Quiz Today ends @ 11:30 pm

IV.   Notebook work

  • Production Function
  • Process Map – Stages of the Production Function

V.   Classwork

https://www.surveymonkey.com/r/dearborncrcr.

https://www.surveymonkey.com/r/dearborncrcr.


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