Economics – 6/10/13
I. Bellwork: Q&A
- Which curve is more inelastic?
- What would cause a movement from point a to point b?
- What is the movement from point b to point b1 called?
- Explain the paradox of value
II. Objective:
- Review and discuss economic principles and concepts in preparation for the final exam
III. Return Your Text Books – No book = 20 point deduction on final
IV. Retake for Chapter 16 iLearn Test – Today 3:30-closes 5:30 on iLearn
Explain what would occur at a price of $5.00.- Explain what would happen at a price of $2.00.
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