I.  Bellwork Q&A   What is happening in the picture? 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 best accords with […]

I.  Bellwork A.  Page 167 Analyzing the Issue 1-3 Q&A II. Objective- Produce clear and coherent 6+1 essay justifying a decision on whether to college athletes should be paid based upon discussion of the opposing views (bell work/textbook), video, and the construction of double bubble map. · Know and use a variety of prewriting strategies to […]

I.  Bellwork:  Page 165  #23 Q&A II.  Objective:  Chapter 6 Assessment:  Analyze how prices change through the interaction of buyers and sellers in the market III. Turn in Chapter 6 Review Sheet IV.  Classwork Page 165 19 a-c V.  Chapter 6 Test

I.  Bellwork  Q&A 1.  Graph an example of a Price Floor Who benefits from it? What does it create (shortage/surplus)? Provide an example. 2.  Graph an example of a Price Ceiling. Who benefits from it? What does it create (shortage/surplus)? Provide an example II.  Objectives: Analyze and provide examples of how price controls are practiced […]

I.  Bellwork Q&A Economics Analysis Pages 157, 158, and 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 and determine which explanation best accords with textual evidence […]

I.  Bellwork Q&A Page 155 Examining the Newsclip 1-2 #3 What two industries are competing for polysilicon? II. Objective Evaluate various explanations for actions or events and determine which explanation best accords with textual evidence. Analyze the impact of a change in public policy (price ceilings and price floors) on consumers, producers, workers, savers, and […]

I.  Bellwork Q&A From a starting point of D & S What is the current equilibrium price? 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 price if demand remains constant […]

I.  Bellwork Q&A Economics Analysis Pages 149, 150, and 152 II. Objective Analyze how prices change through the interaction of buyers and sellers in a market including the role of supply, demand, equilibrium, surpluses, and shortages. Integrate and evaluate multiple sources of information presented in diverse formats in order to address a question or solve […]

 I.  Bellwork  – Q&A A.  Page 147 Analyze the Impact 1-2 B.  Answer the additional questions below 1. What is a benefit of selling merchandise on-line? 2. What is a disadvantage of buying merchandise on-line? II. Objective Analyze how prices change through the interaction of buyers and sellers in a market including the role of […]

I. Bellwork If prices are high, explain how: consumers react producers react II. Objective Analyze how prices send signals and provide incentives to buyers and sellers in a competitive market. Evaluate various explanations for actions or events and determine which explanation best accords with textual evidence III.    Discussion: A.  Prices as Signal Pages 142-146 […]