{"id":12499,"date":"2016-05-10T21:41:48","date_gmt":"2016-05-11T01:41:48","guid":{"rendered":"http:\/\/iblog.dearbornschools.org\/farhoud\/?p=12499"},"modified":"2016-05-11T22:19:21","modified_gmt":"2016-05-12T02:19:21","slug":"economics-5112016","status":"publish","type":"post","link":"https:\/\/iblog.dearbornschools.org\/farhoud\/2016\/05\/10\/economics-5112016\/","title":{"rendered":"Economics &#8211; 5\/11\/2016"},"content":{"rendered":"<p>I.\u00a0 <strong>Bellwork<\/strong><\/p>\n<p>Hussam regularly sells 100 hot dogs each day for $1.75 each.\u00a0 This week he raised the price to $2.25 and managed to sell 80 hot dogs.\u00a0 Using the<strong><span style=\"text-decoration: underline;\"> total expenditure test<\/span><\/strong>, <span style=\"text-decoration: underline;\"><strong>explain<\/strong> <\/span>if the demand for his hot dogs are <span style=\"text-decoration: underline;\"><strong>elastic or inelastic<\/strong><\/span>.<\/p>\n<p>II.\u00a0 <strong>Objective:<\/strong><\/p>\n<ul>\n<li>Examine the importance of entrepreneurs in a market economy as they attempt to obtain capital and financing to support their endeavors.<\/li>\n<li>Demonstrate understanding of\u00a0 visual information by restating, paraphrasing, summarizing, critiquing the entrepreneurs products and the deals offered by investors on Shark Tank.<\/li>\n<\/ul>\n<p><strong>III.\u00a0 Chapter 4 Test tomorrow<\/strong><\/p>\n<p>IV.\u00a0 <strong>Classwork:\u00a0 Anyone playing with their phone or being disruptive will receive a zero and detention when I return.<\/strong><\/p>\n<p>Click Link:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <u><a href=\"https:\/\/abc.go.com\/shows\/shark-tank\/episode-guide\/season-07\/25-episode-25\">Shark Tank S07E21 \u2013 Season 7 Episode 21Full Episode<\/a> <\/u><\/p>\n<p><strong><u>Write down the questions below<\/u><\/strong><strong>.\u00a0 <\/strong>Answer <strong>the questions for <u>each<\/u><\/strong> entrepreneur and turn them in today.<\/p>\n<ol>\n<li>What is the product\/service or idea?<\/li>\n<li>What is the entrepreneur asking for and what are they willing to give up?<\/li>\n<li>What decision was made?<\/li>\n<li><strong><u>Explain<\/u><\/strong> your opinion on the product and deal that was or wasn\u2019t made. <strong><u>1-2 sentences<\/u><\/strong><\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>I.\u00a0 Bellwork Hussam regularly sells 100 hot dogs each day for $1.75 each.\u00a0 This week he raised the price to $2.25 and managed to sell 80 hot dogs.\u00a0 Using the total expenditure test, explain if the demand for his hot dogs are elastic or inelastic. II.\u00a0 Objective: Examine the importance of entrepreneurs in a market [&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-12499","post","type-post","status-publish","format-standard","hentry","category-economics-w2016"],"_links":{"self":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/12499","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=12499"}],"version-history":[{"count":0,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/12499\/revisions"}],"wp:attachment":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/media?parent=12499"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/categories?post=12499"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/tags?post=12499"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}