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AP Economics – 10/30/19

I. Bellwork: on Google classroom II.  Objectives: Evaluate a perfectly competitive firm’s situation using a graph Determine a perfectly competitive firm’s profit or loss Explain how a firm decides whether to produce or shut-down in the short-run III.  Discussion:  “Micro 3.8 Perfect Competition in the Short Run A.  Perfectly competitive firms take the market price […]

Accounting – 10/30/19

I. Bellwork Budget Challenge – Healthcare Quiz & Update Spreadsheet II.   Objectives: Analyze and record financial transactions of a check register Properly complete checks when given a transaction and record them on a check register Explain the process of writing checks and recording checking transactions on a register III.  Classwork A.  Booklet:  Making the […]

Economics -10/30/19

I. Bellwork A. Turn in Review Sheet B. MLA heading on a separate sheet of paper II.  Objectives: Apply concepts and terminology involving supply and quantity supply Perform marginal and cost analysis to determine profit, profit-maximization, and the break-even point of production. III.  Chapter 5 Exam Part 1- Constructive Response Part 2 – Selected Response

AP Economics – 10/29/19

I.  Bellwork:  https://www.youtube.com/watch?v=ZUFJJqO-ZMI How is the price of a product set for a perfectly competitive firm? How would you describe the demand curve for a perfectly competitive market? Is it inelastic, elastic, perfectly inelastic or perfectly elastic? Why is the price of a product in this market structure set the way it is? What causes […]

Accounting – 10/29/19

I.   Bellwork Fake check scam on the rise and targeting young people Explain how the scam works. Explain what you should do if someone you don’t know offers you a check in exchange for cash? II Objectives: Analyze and record financial transactions of a check register Apply the proper steps to write checks and […]

Economics – 10/29/19

i.  Bellwork: A.  Economics Skills Lab Supply Questions & Answers Identify the natural resource that is the focus of the article. What is impacting the supply of this resource? Based upon your previous answer, what determinant of supply would this be classified as? Construct a supply graph to illustrate this change in supply and explain […]

AP Economics – 10/28/19

I.  Objectives Conduct marginal analysis by completing a production schedule and constructing an economic model Create and interpret economic models based upon production data in order to form decisions. II. Section 10 Test Free Response Questions iLearn MC Test

Economics – 10/28/19

I.  Bellwork:  Figure 5.6 Page 134  Questions & Answers At what number of products is the break-even point in on the table achieved? Estimate a range. At what number of workers is the profit-maximizing level of output achieved on the table and explain why this choice is correct. Explain the advantages e-commerce stores have over […]

Accounting – 10/28/19

I.   Bellwork Budget Challenge – take Unexpected Events quiz II.  Objectives: Content OBJ:, properly complete checks when given a transaction and record them on a check register Lang OBJ: Explain the process of writing checks and recording checking transactions on a register III.  Notebook Check Endorsements Steps to Write a Check– Sequence map IV.  […]

AP Economics -10/25/19

I. Bellwork Page 581 Check Your Understanding & Tackle the Test 1-5 II. Objectives: Construct, analyze and interpret economic models relating to MC, ATC, and MR to determine profit maximization and industry entry and exit by firms Explain and calculate using data from a graph or table various measures of productivity and short/long run costs. […]

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