{"id":12484,"date":"2016-05-06T09:50:32","date_gmt":"2016-05-06T13:50:32","guid":{"rendered":"http:\/\/iblog.dearbornschools.org\/farhoud\/?p=12484"},"modified":"2016-05-05T19:54:03","modified_gmt":"2016-05-05T23:54:03","slug":"economics-5062016","status":"publish","type":"post","link":"https:\/\/iblog.dearbornschools.org\/farhoud\/2016\/05\/06\/economics-5062016\/","title":{"rendered":"Economics &#8211; 5\/06\/2016"},"content":{"rendered":"<p><strong>I.\u00a0 Bellwork Q&amp;A:<\/strong><\/p>\n<p>There are some products\/items people may continue to purchase regardless of the increase in price. List <u>two<\/u> of the products and <u>explain why<\/u> this may occur <u>for each<\/u> product.<\/p>\n<p>II.\u00a0 <strong>Objectives:<\/strong><\/p>\n<ul>\n<li>Identify and analyze factors that influence demand elasticity.<\/li>\n<li>Review and discuss concepts and principles relating to demand.<\/li>\n<li>Integrate and evaluate multiple sources of information presented in diverse formats in order to determine demand elasticity or inelasticity.<\/li>\n<\/ul>\n<p><strong>III.\u00a0 Discussion<\/strong><\/p>\n<ul>\n<li><a href=\"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2010\/10\/Critical-Thinking-4-2.pdf\"><strong>Critical Thinking 4-2<\/strong><\/a><\/li>\n<li><a href=\"https:\/\/www.dailymotion.com\/video\/x871g2_real-world-economics-elasticity-of_school\"><strong>Elasticity Video<\/strong><\/a><\/li>\n<li><a href=\"https:\/\/www.mackinac.org\/article.aspx?ID=1247\"><strong>Elasticity Examples<\/strong><\/a> &amp; <a href=\"https:\/\/www.economicshelp.org\/blog\/7019\/economics\/examples-of-elasticity\/\"><strong>Another list<\/strong><\/a><\/li>\n<\/ul>\n<p><strong>IV.\u00a0 Chapter 4.1 &amp; 4.2 iLearn Quiz Closes Monday at 12:30 pm<\/strong><\/p>\n<p><strong>V<\/strong>.\u00a0 <strong>Notebook Work<\/strong><\/p>\n<p>A.\u00a0 Draw and label:<\/p>\n<ul>\n<li>An inelastic demand curve<\/li>\n<li>An elastic demand curve<\/li>\n<\/ul>\n<p>B.\u00a0 Elasticity Test &#8211; Flow Map<\/p>\n<p>C.\u00a0 Total Revenue Test \u2013 Brace Map<\/p>\n<p>VI.\u00a0 <strong>Classwork:\u00a0<\/strong><\/p>\n<ul>\n<li><strong>Page 103 Vocabulary (7)<\/strong><\/li>\n<li><strong>Page 109\u00a0 2-4 Q&amp;A<\/strong><\/li>\n<\/ul>\n<p>VII.\u00a0 <a href=\"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2013\/03\/Chapter-4-Review1.pdf\">Chapter-4-Review<\/a>\u2013 Due Wednesday for Summative points<\/p>\n<ul>\n<li>Wednesday Chapter 4 Test<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I.\u00a0 Bellwork Q&amp;A: There are some products\/items people may continue to purchase regardless of the increase in price. List two of the products and explain why this may occur for each product. II.\u00a0 Objectives: Identify and analyze factors that influence demand elasticity. Review and discuss concepts and principles relating to demand. Integrate and evaluate multiple [&hellip;]<\/p>\n","protected":false},"author":176,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[76],"tags":[],"class_list":["post-12484","post","type-post","status-publish","format-standard","hentry","category-economics-w2016"],"_links":{"self":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/12484","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=12484"}],"version-history":[{"count":0,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/12484\/revisions"}],"wp:attachment":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/media?parent=12484"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/categories?post=12484"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/tags?post=12484"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}