AP Economics – 12/11/19
I. Bellwork
- Page 698 FRQ #2 a-c
II. Objectives:
- Determine supply and demand in the markets for land and capital
- Find the equilibrium in the land and capital markets
- Explain how the demand for factors leads to the marginal productivity theory of income distribution
III. Module 70 Markets for Land and Capital pages 699-703
A Land and Capital
1. Demand in the Markets for Land and Capital
2. Supply in the Markets for Land and Capital
2. Equilibrium in Land and Capital Markets
B. Marginal Productivity Theory
IV. Examine the Following:
- Figure 70.1 p.700
- Figure 70.2 p.703
V. Classwork/Homework on iLearn Section 13 Folder
- 70.1 WS
- 70.2 WS
VI. Staple everyone’s work together when you give it to the sub
Bellwork- one pile Classwork – one pile
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