Economics – 3/20/12
I. Bellwork:
- List and Explain using examples 3 reasons why the supply curve would shift to the right.
- List and Explain using examples 3 reasons why the supply curve would shift to the left.
II. Objective
- Express supply graphically and analyze how the Law of Supply is represented
III. Discussion:
A. Individual and market Supply Curves: EPP_p119
B. Supply Elasticity and Inelasticity
- Double Bubble Graph-Demand and Supply Comparison
C. Exercise 1 Supply Curve Continued
IV. Classwork
- Page 125 Questions & Answers 2-8
V. Supply Curve Graph Quiz Tomorrow
VI. Online Quiz– iLearn Section 5-1– Up until 3:00 pm tomorrow
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