October, 2019
AP Economics – 10/17/19
I. Bellwork Page 562 Check Understand 1a – Show formulas and work II. Objectives Describe the various types of cost a firm faces: variable, fixed, and total costs Explain how a firm’s costs generate marginal cost curves and average cost curves Interpret and explain graphic models representing costs III. Discussion: Firm Cost Module 55 – […]
Economics – 10/17/19
I. Bellwork: Illustrate each of the following by constructing a simple supply curve graph: USE ARROWS an increase in quantity supplied a decrease in supply an increase in supply a decrease in quantity supplied II. Objectives Apply concepts and principles to distinguish between a change in quantity demand and a change in demand […]
Accounting – 10/17/19
I. Bellwork A. What account numbers are assigned to each classification of account below? Assets Liabilities Revenue Expenses Owners Equity II Objectives Post amounts from a General Journal to ledger accounts following proper accounting procedures Demonstrate how to prove cash Orally explain how to post from a general journal to a ledger III. Read and […]
AP Economics – 10/16/19
I. Bellwork Page 551 Free Response #2 II. Objectives Describe the various types of cost a firm faces: variable, fixed, and total costs Explain how a firm’s costs generate marginal cost curves and average cost curves Interpret and explain graphic models representing costs III. Discussion: Firm Cost Module 55 – pgs 552-562 A. How Nintendo […]
Economics – 10/16/19
I. Bellwork Draw a supply graph which illustrates a change in quantity supply (Use arrows) Draw a supply graph which illustrates a decrease in supply (use arrows) II. Objective Define Supply; identify changes in quantity supplied and factors that cause a change in supply. Analyze various scenarios and determine the impact on supply or […]
Accounting – 10/16/19
I. Bellwork A. Read Ethics in Action Read Page 92 Research the internet and list 4 interview questions that are illegal to ask an applicant II Objectives Construct a chart of accounts for a service business organized as a proprietorship Demonstrate correct principles for numbering accounts Apply file maintenance principles to update a chart of […]
Accounting – 10/15/19
I. Bellwork Q&A Is it better to get paid with cash or a check??? Explain your reasoning II. Objectives Describe the different ways employees are compensated and evaluate the benefits and drawbacks of each Understand how employees get paid and payroll terminology Identify strategies for income tax withholdingDistinguish between voluntary and involuntary deductions Distinguish between […]
AP Economics – 10/15/19
I. Bellwork On Google Classroom- Write response II. Objective: Explain why production is often subject to diminishing returns to inputs Use data to construct production functions to determine optimal levels of production Analyze and interpret data in order to make decisions III. Turn in Homework 3.1 IV. Discussion: PPT on iLearn V. Classwork Page 550 […]
Economics – 10/15/19
I. Bellwork Q&A Pg 117 – Companies in the News What created a shortage of the flu vaccine? How did the market respond to the shortage? What is the current availability of the vaccine? II. Objectives Define Supply; identify and distinguish changes in quantity supplied and factors that cause a change in supply. Determine the […]
Accounting – 10/14/19
I. Turn in Notebooks II. Objectives: Analyze, interpret, and record transaction into a General Journal Utilize the proper procedures to record transactions in the general journal Demonstrate the proper application of accounting terminology and concepts Explain the proper technique in correcting errors on a general journal III. Chapter 3 Accounting Test iLearn– Journal Entries iLearn […]