{"id":10022,"date":"2014-03-20T20:03:42","date_gmt":"2014-03-21T00:03:42","guid":{"rendered":"http:\/\/iblog.dearbornschools.org\/farhoud\/?p=10022"},"modified":"2014-03-20T20:03:42","modified_gmt":"2014-03-21T00:03:42","slug":"economics-32114","status":"publish","type":"post","link":"https:\/\/iblog.dearbornschools.org\/farhoud\/2014\/03\/20\/economics-32114\/","title":{"rendered":"Economics – 3\/21\/14"},"content":{"rendered":"

<\/p>\n

<\/p>\n

I.\u00a0 Bellwork<\/span><\/b><\/p>\n

Marco\u2019s subs sells 400 sub sandwiches a week at a price of $5.00 each.\u00a0 Marco soon raises the price to $5.50 and is able to sell 380 sub sandwiches for the week.<\/span><\/p>\n

    \n
  1. Determine Marco\u2019s Total Revenue before<\/b> and after<\/b> the price change.<\/span><\/li>\n
  2. Use the revenue\/expenditure test to determine if demand is elastic or inelastic and explain why<\/b>. <\/span><\/li>\n<\/ol>\n

    II.\u00a0 Objective:<\/span><\/b><\/p>\n

      \n
    • Assess student understanding and application of concepts pertaining to the economic principle of demand.<\/span><\/li>\n<\/ul>\n

      III. Turn in your Review Sheet<\/span><\/b><\/p>\n

      IV. Review Questions<\/span><\/b><\/p>\n

      \u00a0V.\u00a0 \u00a0Notebook Work<\/span><\/b><\/p>\n

        \n
      • Page 113 #29 a& b Q&A<\/span><\/li>\n<\/ul>\n

        VI. Chapter 4 Exam<\/span><\/b><\/p>\n","protected":false},"excerpt":{"rendered":"

        I.\u00a0 Bellwork Marco\u2019s subs sells 400 sub sandwiches a week at a price of $5.00 each.\u00a0 Marco soon raises the price to $5.50 and is able to sell 380 sub sandwiches for the week. Determine Marco\u2019s Total Revenue before and after the price change. Use the revenue\/expenditure test to determine if demand is elastic or […]<\/p>\n","protected":false},"author":176,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63],"tags":[],"class_list":["post-10022","post","type-post","status-publish","format-standard","hentry","category-economics-w2014"],"_links":{"self":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/10022","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/comments?post=10022"}],"version-history":[{"count":0,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/10022\/revisions"}],"wp:attachment":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/media?parent=10022"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/categories?post=10022"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/tags?post=10022"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}