I.  Bellwork: Q&A Explain and illustrate with simple graphs how a change in quantity supply is similar to a change is quantity demand. Explain and illustrate with simple graphs how a change in supply is similar to a change in demand. II.  Objective: Utilize supply schedules to express supply graphically and analyze how the Law […]

I.  Bellwork Q&A List and explain in detail 2 situations which would cause the supply curve would shift to the right. List and explain in detail 2 situations which would cause the supply curve would shift to the left. II.  Objective Utilize supply schedules to express supply graphically and analyze how the Law of Supply is represented. […]

I.  Bellwork Q&A Pg 117 – Companies in the News What created a shortage of the flu vaccine? How did the market respond to the shortage?  What is the current availability of the vaccine? II.  Objective Define Supply; identify changes in quantity supplied and factors that cause a change in supply. Determine the meaning of […]

I.  Bellwork: MLA Heading II.  Objectives: Complete Chapter 4 assessment by applying concepts and principles which focus on distinguishing between a change in quantity demand and a change in demand while identifying the determinants which impact each. Identify situations where demand is elastic and inelastic applying by the elasticity test Write informative/explanatory texts to examine […]

I.  Bellwork: A.  Fareed sells falafel sandwiches. He charges $4.00 a sandwich and usually sells 100 a day. He recently decided to increase the price of a sandwich to $4.80 and is currently selling 75 sandwiches a day. Use the total revenue test to determine if his falafel sandwiches are elastic or inelastic. Show your […]

I.  Bellwork: Page 113 Math Practice #29 a & b (Write questions and answers for b) II.  Objective: Identify and analyze factors that influence demand elasticity. Distinguish between a change in quantity demand and demand identifying the situations which impact each. III.  Classwork Kahoot Review Page 109 #5-8 IV.  Chapter-4-Review– Due Tuesday for Summative points […]

I.  Bellwork A.  List 2 products that have an inelastic demand.  Explain each. B.  List 2 products that have an elastic demand . Explain each. II.  Objectives: Identify and analyze factors that influence demand elasticity. Review and discuss concepts and principles relating to demand. Integrate and evaluate multiple sources of information presented in diverse formats […]

I.  Bellwork Questions & Answers Explain what most cultures have in common with each other? (p.39) Provide 2 examples of subcultures in American society. Provide 2 examples of countercultures in American society. II.  Objectives: Collaborate to examine, identify, and scrutinize American values based upon song lyric and their corresponding videos Cite specific textual evidence to […]

I.  Bellwork Page 113 #26 (Draw the graphs & place arrows demonstrating what will happen to each) II.  Objectives: Through analysis of textbook and video information students will construct thinking maps which identify factors that influence demand elasticity. Review and discuss concepts and principles relating to demand. Integrate and evaluate  information presented in order to […]

I.  Bellwork Q&A: List and explain 2 things which could cause demand to decrease (shift to the left). II.  Objectives: Identify and analyze factors that influence demand elasticity. Review and discuss concepts and principles relating to demand. Integrate and evaluate multiple sources of information presented in diverse formats in order to determine demand elasticity or […]