I.  Bellwork  Q&A If a new bridge to Canada is built: Provide and explain an example of a negative externality. (Be specific) Provide and explain an example of a positive externality. (Be specific) II.  Objective Identify the purpose of legislation which constrains the functions of  business structures. Examine and explain the role of the government  […]

I. Bellwork: Learning Goals A.  Only six more instructional weeks (30 days) remain this semester. 1. Explain if you have made any progress on your Learning Goal. 2. Explain what you may still need to do/accomplish and the course of action you need to take. II. Objective:  Examine the importance of entrepreneurs in a market […]

I.  Bellwork Q&A   What is happening in the picture? (Not a fire.) Who is impacted? How are they impacted? Why do you believe this is being allowed? II.  Objective: Identify common circumstances related to market failures and the impact externalities have on society. Evaluate various explanations for actions or events and determine which explanation […]

I.   Bellwork: Q&A MLA Heading on separate sheet of paper. Heading: Chapter 6 Test II.   Objective: Chapter 6 Assessment:  Analyze and interpret how prices change through the interaction of buyers and sellers in the market and the impact of price controls Write arguments to support claims in an analysis of substantive topics or texts, […]

I.   Bellwork::    Supreme Court Rejects Rent Control Challenge Explain the reasoning used by those against rent control. Explain the reasoning used by those supporting rent control. What factors did the Supreme Court take into consideration and what was the basis for their decision?  Do you agree?  Explain. II.  Objectives: Analyze and provide examples of how […]

I.   Bellwork: Questions & Answers Economics Analysis p. 157 Economics Analysis p. 158 Economics Analysis p. 159 (Hint find equilibrium) II.   Objective Review and discuss principles and concepts as they relate to the determination of price. Analyze and provide examples of the practice of price controls. Evaluate various explanations for actions or events […]

I.   Bellwork (Discuss the cases with your fellow students and write a complete response. A.) Your store is constantly selling out of a certain cologne. Explain what can you conclude about the cologne’s current price in regards to equilibrium? Explain what should you do? B.) The cost of attending college is becoming increasingly expensive and […]

I.   Bellwork Q&A:  From a starting point of D & S What is the current equilibrium price? Where does S &D intersect. What is the new price if demand remains constant and supply increases to S2? What would be the new price if demand decreases to D1 and Supply increases to S2? What would be the […]

I.  Bellwork –  Fear and social status Summarize the article’s message (3-4) sentences. Do you support the author’s claim? Explain II.  Objectives: Cite examples of the components of culture as well as cultural variances. Evaluate various explanations for actions or events and determine which explanation best accords with textual evidence. Determine the central ideas or […]

I.   Bellwork Copy the schedule, identify and label the amount of shortage or surplus           Price Quantity Demanded Quantity Supplied Shortage/Surplus $1.00 500 100   $2.00 350 200   $3.00 250 250   $4.00 150 400   $5.00 50 500   II.   Objective Analyze how prices change through the interaction of buyers and sellers in a […]