I.  Bellwork: Q&A Page 165 19 a-c II.  Objective:  Chapter 6 Assessment:  Analyze how prices change through the interaction of buyers and sellers in the market and the impact of price controls III. Turn in Chapter 6 Review Sheet IV.  Classwork Discuss Chapter 6 iLearn Questions Page 165  #23 a-d 4th & 6th hour Supreme […]

I.  Bellwork  Q&A A.  Graph an example of a Price Floor Who benefits from it? What does it create (shortage/surplus)? Provide an example. B.  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 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 […]

 I.  Bellwork Page 141- #34 Draw diagrams & answer Page 141- #37  Answer only II.  Objective Explain the law of supply and analyze changes in supply as well as changes in quantity supplied. Analyze the production function and other decision making models which allow businesses to maximize profits. III.  Turn in Reteaching Chapter 5 IV. […]

I.  Bellwork: Q&A Explain why electricity is considered to be a variable cost. Explain why many people are choosing to start e-commerce stores instead of more traditional businesses. II. Objective Explain the law of supply and analyze changes in supply as well as changes in quantity supplied. Analyze the production function and other decision making […]

I.  Bellwork: Chapter 5 Enrichment(1-5 Q&A) II. Objective: Calculate production schedules and examine how businesses analyze their costs and revenues to maximize profits. Integrate and evaluate multiple sources of information presented in diverse formats and media in order to address a question or solve a problem. III. Discussion: Cost/Revenue/Profit Maximization Pages 132-137  How Nintendo loses […]