October, 2018
AP Economics – 10/23/18
I. Bellwork Page 562 Tackle the Test 1-5 write Answers II Objectives Explain why a firm’s cost may differ between the short run and long run Describe how a firm can enjoy economies of scale Interpret and explain graphic models representing costs in the long run III. Discussion Module 56 Long Run Costs & economies of […]
Accounting – 10/23/18
I. Bellwork Page 113 Q&A 1-4 II Objectives analyze and interpret financial transactions recording them in a general journal and maintain ledger balances apply multi-step procedures based on explanations in the text to record and post financial transactions. III. Classwork: On Automated Accounting (See iLearn for link) 4M Automated Accounting p. 117 IV. Ledger Balance […]
Economics – 10/23/18
I. Bellwork – Explain what occurs to total product and marginal product at each stage. – Copy the table Negative, Increasing, & Diminishing, TOTAL PRODUCT MARGINAL PRODUCT STAGE 1 STAGE 2 STAGE 3 II. Objective: Construct a production function and identify the stages of production Using production function data evaluate various explanations for actions […]
Accounting – 10/22/18
I. Bellwork Using the General Ledger provided identify the amount of the balance and whether it is a debit or credit for the questions below What will be the balance in the Cash account on Feb 1? What will be the balance in the Cash account on Feb 3? What will be the balance in […]
Economics – 10/22/18
I. Bellwork: Illustrate each of the following by constructing a simple supply curve graph: an increase in quantity supplied a decrease in supply an increase in supply 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 […]
AP Economics – 10/22/18
I. Bellwork Page 550 Tackle the Test 1-5 (write out answers) II. Objectives Describe the various types of cost a firm faces: variable, fixed, and total costs Explain how a firm’s costs generate marginal cost curves and average cost curves Interpret and explain graphic models representing costs III. Discussion: Firm Cost Module 55 – pgs […]
AP Economics – 10/19/2018
I. Bellwork . On Google Classroom- Write response II. Objective: Explain why production is often subject to diminishing returns to inputs Use data to construct production functions to determine optimal levels of production Analyze and interpret data in order to make decisions III. Turn in Homework 3.1 IV. Test Corrections for Extra Points V. Discussion: […]
Economics – 10/19/18
I. Bellwork Draw a supply graph which illustrates a change in quantity supply Draw a supply graph which illustrates a decrease in supply II. Objective Define Supply; identify changes in quantity supplied and factors that cause a change in supply. Analyze various scenarios and determine the impact on supply or quantity supply III. Retake today […]
Accounting – 10/19/18
I. Bellwork On iLearn II Objectives Post amounts from a General Journal to ledger accounts using the 5 steps procedure, Follow a multistep procedure for posting to the ledger based on information in the text. RST.11-12.3 III. Classwork Page 108 Audit Your Understanding Q&A 1-3 and 2 Terms and definitions Aplia 4-2 Application Problem […]
AP Economics – 10/18/18
I. Bellwork Graphing – Section 9 Test II. Objectives: Discuss the importance of the firm’s production function, the relationship between quantity of inputs and quantity of output Explain why production is often subject to diminishing returns to inputs Use data to construct production functions to determine optimal levels of production III. Discussion: Production Function Pgs […]