Economics – 3/04/11
I. Bellwork: Q&A
A. Companies in the News Page 103
- How has the competition between Netflix and Blockbuster benefited consumers?
- Explain how Netflix plans to overtake Blockbuster?
- What might Blockbuster do to remain competitive and attractive to consumers?
II. Objective:
- Identify factors that influence the size of a change in the quantity demanded (elasticity).
III. Discussion
IV. Classwork:
- Page 109 1-6 Q&A
- Create 6 MC Questions for section 4-3
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