AP Economics – 12/05/18
I. Bellwork
- iLearn Worksheet 67.1 – draw the graph and label the parts
II. Objectives:
- Construct and interpret graphs for short run and the long run for firms operating in markets characterized as being an oligopoly or monopolistic competition.
- Determine the quantity, prices, profits and firm responses in the short run and the long run
III. Exam on Friday
IV. Classwork
A. iLearn Review Sections 64-68
B. Write down 12 questions you answered incorrectly, discuss them with your peers and correct the answer.
- Write the question
- State your incorrect answer.
- State the knowledge you obtained to now know the correct answer
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