Economics – 10/17/19

  I.  Bellwork:

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

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

  II.  Objectives

  • Apply concepts and principles to distinguish between a change in quantity demand and a change in demand while identifying the determinants which impact each.
  • Construct. analyze, and interpret various economic models to solve problems and determine which explanation best accords with textual evidence

III.  Turn in Homework

IV. Classwork

A. Exercise 1 Supply Curve

B. supply_worksheet

V. Supply Curve Quiz on iLearn


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