Nov 10

Accounting – 11/11/19

I.   Bellwork: on ILearn

II.  Objectives

  • Synthesize information from source documents to prepare a bank reconciliation resolving conflicting information when possible.
  • Review accounting terminology and practices/procedures used in cash controls to prepare for the exam

III. Classwork

  • Recycle Problem 5R
  • Chapter 5 Review on MindTap

IV,  Chapter 5 Exam tomorrow

Nov 10

Economics – 11/11/19

I  Bellwork: Questions & Answers

  1. Economics Analysis p. 157
  2. Economics Analysis p. 158
  3. Economics Analysis p. 159 (Hint find equilibrium)

II  Objective

  • Review and discuss principles and concepts as they relate to the determination of price.
  • Analyze and provide examples of the practice of price controls.
  • Evaluate various explanations for actions or events and determine which explanation best accords with textual evidence

III.  Notebook and Discussion

IV Classwork

A..  Page 161 #2-5 Q&A

B.  iLearn:  Price Ceilings & Price Floors

V.  Chapter 6 Test – Wednesday

  A.  Study your notes:

Nov 10

AP Economics – 11/11/19

I.  Bellwork

Different Customers, Different Prices, Thanks To Big Data

Summarize how this article relates to price differentiation and explain the methods employed.  Explain the type of customer that is targeted.

II.  Objectives

  • Explain the effects of monopoly and perfect competition on society’s welfare
  • Construct, analyze, and interpret graphs for monopolies to determine the profit maximizing level, price, total revenue, total cost, and profit
  • Explain the allocative and productive inefficiency created by a monopoly
  • Distinguish between a regulated and non regulated monopoly

III.  Turn in Homework

IV.  Discussion

Monopoly Cause Inefficiency Page 624 Figure 62.1

PPT 4.1 Monopolies on iLearn

Allocative & Productive Inefficiency

Dealing with a natural monopoly

  • Public Ownership
  • Regulations

Page 626 Non Regulated & Regulates Monopoly Fig 62.2

V. Classwork

  • 62.1 & 62.2

VI.  AP Classroom – Monopoly