AP Economics – 12/19/18
I. Bellwork
A. Pages 726-727
- Tackle the Test MC 1-5
- Free Response Question #2
II. Objectives
- Explain how the factor markets determine the factor distribution of income
- Explain how the demand for the factors of production leads to the marginal productivity theory of income distribution
- Determine the equilibrium wage and level of employment in the labor market for firms operating in perfectly and imperfectly competitive markets
III. Turn in the homework and staple all the papers together
IV. Classwork – Finish before midnight or get a zero
- On iLearn: Section 13 Review Modules 69-71 & 73
Section 13 Exam Friday
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