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:

IV Classwork:

  • P. 132 Vocabulary (13)
  • P. 137 Q&A 2-5

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