October 25th, 2019
AP Economics -10/25/19
I. Bellwork Page 581 Check Your Understanding & Tackle the Test 1-5 II. Objectives: Construct, analyze and interpret economic models relating to MC, ATC, and MR to determine profit maximization and industry entry and exit by firms Explain and calculate using data from a graph or table various measures of productivity and short/long run costs. […]
Economics – 10/26/19
I. Bellwork: Q&A A. Provide an example of 3 fixed costs a business may have. B. Provide an example of 3 variable costs a business may have C. Explain the difference between fixed and variable costs.. II. Objectives Construct and analyze the production function and to determine profit maximizing level of output. Determine the meaning […]