Economics – 10/24/19
I. Bellwork: Frayer Diagram
- Choose one: Fixed Cost or Variable Cost
II Objectives:
- Determine how businesses analyze their costs and revenues to maximize profits.
- Determine the meaning of words and phrases by constructing a brace map to categorize and differentiate costs.
III. Discussion/Notebook:
- How Nintendo loses money on every Wii U
- Variable Costs
- Construct a Brace Map – Costs – Fixed and Variable – with examples
IV Classwork:
- P. 132 Vocabulary (13)
- P. 137 Q&A 2-5
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