AP Economics – 9/19/19

I.  Bellwork Questions & Answers

America now has 1.2 billion pounds of excess cheese — and nowhere to put it

  1. Why is there a surplus of cheese?
  2. What has prevented prices from falling?

II  Objective

  • Evaluate various explanations for actions or events and determine which explanation best accords with textual evidence.
  • Integrate and evaluate multiple sources of information presented in diverse formats in order to determine the impact on Qd, Qs, Demand, Supply, and Price.

III. Claswork

Worksheet 7.6: Graphing Equilibrium

IV.   Quiz on Demand & Supply


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