October, 2019
Economics – 10/08/19
I. Bellwork: On Google Classroom II. Objectives: Apply the total revenue test to determine demand elasticity Utilize the determinants of elasticity to form a judgement on the elasticity of an item Create a claim, evidence, and reasoning on elasticity based upon information provided in an article III. Discussion A. Total Revenue Test – Brace Map […]
Accounting – 10/08/19
I. Bellwork A. For each of the source documents listed provide the proper abbreviation. Sales Invoice Check receipt memorandum calculator tape B. Explain how errors on a general journal corrected II. Objectives Analyze, interpret, and record various transactions using a general journal. Interpret and analyze financial transactions following a multi-step procedure based on examples outlined […]
AP Economics – 10/07/19
I. Bellwork – Show your Work A. For the graph determine: Cs before the tax Cs after the tax Ps before the tax Ps after the tax Total Surplus after the tax Total tax revenue Bonus – Calculate Deadweight loss II Objectives: Graph and Calculate the change in consumer surplus, producer surplus, resulting from excise […]
Economics – 10/07/19
I. Bellwork – Write the formula used to determine elasticity If the price of ice pops is .25 and your are able to sell 400, but you decide to raise the price to .40 and the quantity demand drops to 240, is demand elastic or inelastic? – Show your work using the formula. II. Objectives: […]
Accounting – 10/07/19
I. Bellwork: Log into Budget Challenge Go to this link https://www.budgetchallenge.com/StudentHome/Curriculum/Unit.aspx?UnitID=16 A. List the 6 trophies that are available to earn in the Budget Challenge and explain how each one is earned II. Objectives: Utilize a Cash Flow Statement to manage money and monitor financial activity Analyze and interpret billing statements to schedule payments Read […]
Economics – 10/04/19
I. Bellwork A. Construct and explain an inelastic demand curve B. Construct and explain an elastic demand curve II. Objectives Analyze, interpret and construct economic models to determine demand elasticity Integrate and evaluate information presented in order to determine demand elasticity from utilization of demand elasticity tests. III. Discussion Pages 458-464 A Demand Elasticity & […]
AP Economics – 10/04/19
I. Bellwork II. Objective: Construct economic models and calculate the change in consumer surplus and producer surplus resulting from excise taxes Construct economic model and calculate the deadweight loss and revenue from taxes resulting from an excise tax III. Discussion/Notes Taxes on Producers- Microeconomics 2.11 ACDC Econ Deadweight Loss, Consumer & Producer Surplus- Microeconomics […]
Accounting – 10/04/19
I. Bellwork: Use Budget Challenge Information A. What is the largest payment for a vendor bill you will be making? Provide Amount and vendor B. What is the second largest payment for a vendor bill you will be making? Provide Amount and vendor C. What is your bi-weekly gross pay? D.. What is your net […]
AP Economics – 10/03/19
I Bellwork- Page 499 Figure 50.1 – SHOW YOUR WORK Calculate the consumer surplus in the demand curve as it intersects the vertical axis at $50 Calculate the producer surplus in the supply curve as it intersects the vertical axis at $15 Calculate the total surplus II. Objectives: Calculate using data from a […]
Economics – 10/03/19
I. Bellwork: A, The price of Coca-Cola increased. Construct the necessary graphs and demonstrate with arrows what will happen to each demand curve: The impact on the Coca-Cola demand curve The impact on the Pepsi demand curve II. Objectives: Identify and analyze factors that influence demand elasticity. Review and discuss concepts and principles relating to […]