Economics – 10/01/19
I. Bellwork
A. Illustrate using 2 separate graphs:
- a change in quantity demand
- a change in demand
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. Discussion
V. Notebook Work
A. Draw and label:
- An inelastic demand curve
- An elastic demand curve
VI. Open Note – Quiz Section 4.1 & 4.2
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