I.  Bellwork: A.  Explain and illustrate with simple graphs how a change in quantity supply is similar to a change is quantity demand. B.  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 […]

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

I.  Bellwork Q&A 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. Construct thinking maps […]

I.  Bellwork: Q&A Provide and explain 2 examples when deviance may be positive. Give an example of  primary deviance Give an example of secondary deviance II.  Objectives: Analyze deviance and its social functions in terms of the civil rights struggle. Cite specific textual evidence to support analysis of primary and secondary sources, connecting insights gained […]

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: Examine the importance of entrepreneurs in a market economy as they attempt to obtain capital and financing to support their endeavors. Demonstrate understanding of  visual information by restating, paraphrasing, summarizing, critiquing the entrepreneurs products and the deals […]

I.  Bellwork List 2 products that have an inelastic demand.  Explain each. List 2 products that have an elastic demand . Explain each. II.  Objective: Model, review and discuss concepts and principles relating to changes in demand, quantity demand, and demand elasticity Evaluate various explanations for actions or events and determine which explanation best accords […]

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   What is the movement shown in this graph called? List and explain 3 factors that could result in the movement shown in the graph. II  Objective: Identify factors that influence the size of a change in the quantity demanded (elasticity) Integrate and evaluate multiple sources of information presented in diverse formats […]