{"id":13159,"date":"2016-11-21T19:42:49","date_gmt":"2016-11-22T00:42:49","guid":{"rendered":"http:\/\/iblog.dearbornschools.org\/farhoud\/?p=13159"},"modified":"2016-11-28T19:24:35","modified_gmt":"2016-11-29T00:24:35","slug":"economics-11212016-2","status":"publish","type":"post","link":"https:\/\/iblog.dearbornschools.org\/farhoud\/2016\/11\/21\/economics-11212016-2\/","title":{"rendered":"Economics &#8211; 11\/22\/2016"},"content":{"rendered":"<p>I.\u00a0 <strong>Bellwork <\/strong><\/p>\n<p><strong>(Discuss the cases with your fellow students and write a complete response).<\/strong><\/p>\n<p>A.) Your store sells a cologne that is always selling out<\/p>\n<ul>\n<li>Explain what you can conclude about the cologne&#8217;s current price in regards to equilibrium?<\/li>\n<li>Explain what the pressure on price will be?<\/li>\n<\/ul>\n<p>B.) The cost of attending college is becoming increasingly expensive and more difficult for many students to afford.<\/p>\n<ul>\n<li>Explain the positive outcomes that would occur if the government put a cap or limit (price ceiling) on college tuition?<\/li>\n<li>Explain what <strong>negative consequences<\/strong> may occur?<\/li>\n<\/ul>\n<p>II.\u00a0 <strong>Objective:<\/strong><\/p>\n<ul>\n<li>Evaluate various explanations for actions or events and explain how price, demand, and supply are impacted.<\/li>\n<li>Analyze the impact of a change in public policy (price ceilings and price floors) on consumers, producers, workers, savers, and investors.<\/li>\n<\/ul>\n<p><strong>III.\u00a0 Videos:<\/strong><\/p>\n<ul>\n<li><a href=\"https:\/\/www.econedlink.org\/interactives\/EconEdLink-interactive-tool-player.php?iid=217\">Price Controls <\/a><\/li>\n<li><a href=\"https:\/\/www.mruniversity.com\/courses\/principles-economics-microeconomics\/price-controls-definition-nixon\">Price Ceilings<\/a><\/li>\n<\/ul>\n<p>IV. Notebook &#8211; Graph Price Controls<\/p>\n<p>V.\u00a0\u00a0 <strong>Section 6-1 &amp; 6-2 iLearn Quiz<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I.\u00a0 Bellwork (Discuss the cases with your fellow students and write a complete response). A.) Your store sells a cologne that is always selling out Explain what you can conclude about the cologne&#8217;s current price in regards to equilibrium? Explain what the pressure on price will be? B.) The cost of attending college is becoming [&hellip;]<\/p>\n","protected":false},"author":176,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[78],"tags":[],"class_list":["post-13159","post","type-post","status-publish","format-standard","hentry","category-economic-f2016"],"_links":{"self":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/13159","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=13159"}],"version-history":[{"count":0,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/13159\/revisions"}],"wp:attachment":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/media?parent=13159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/categories?post=13159"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/tags?post=13159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}