AP Economics – 11/26/19
I. Bellwork Page 665
- Multiple Choice 1-5 Letter and Answer
II. Objectives
- Determine the prices and profits in both in the short run and the long run for Monopolistic Competition
- Construct and interpret graphs for short run and the long run monopolistic competition
- .Compare long run equilibrium on Perfect competition to long run equilibrium in Monopolistic Competition
III. Review Yesterday’s Work
IV. Discussion Module 67
- Review Short Run and Long Run Graphs
- Compare long run equilibrium Perfect competition and Monopolistic Competition
V Classwork
- Worksheet 67.2 & 67.3 on iLearn
VI. Homework
- on iLearn Section 67 Monopolistic Competition
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