{"id":14044,"date":"2017-05-11T07:31:41","date_gmt":"2017-05-11T11:31:41","guid":{"rendered":"http:\/\/iblog.dearbornschools.org\/farhoud\/?p=14044"},"modified":"2017-05-11T08:28:07","modified_gmt":"2017-05-11T12:28:07","slug":"economics-51117","status":"publish","type":"post","link":"https:\/\/iblog.dearbornschools.org\/farhoud\/2017\/05\/11\/economics-51117\/","title":{"rendered":"Economics &#8211; 5\/11\/17"},"content":{"rendered":"<p>I.\u00a0 <strong>Bellwork:<\/strong><\/p>\n<p>A.\u00a0 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. <strong>Show your work.<\/strong><\/p>\n<p>B.\u00a0 Based upon your answer, what market conditions may exist that would support your findings.<\/p>\n<p><strong>II.\u00a0 Objective:<\/strong><\/p>\n<ul>\n<li>Identify and analyze factors that influence demand elasticity.<\/li>\n<li>Distinguish between a change in quantity demand and demand identifying the situations which impact each.<\/li>\n<\/ul>\n<p><strong>III.\u00a0 Classwork<\/strong><\/p>\n<ul>\n<li><strong>Kahoot Review<\/strong><\/li>\n<li>Page 112 #17-24\u00a0 Q&amp;A<\/li>\n<\/ul>\n<p>IV.\u00a0\u00a0 <a href=\"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2013\/03\/Chapter-4-Review1.pdf\" data-saferedirecturl=\"https:\/\/www.google.com\/url?hl=en&amp;q=https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2013\/03\/Chapter-4-Review1.pdf&amp;source=gmail&amp;ust=1494587580210000&amp;usg=AFQjCNGqo0uXC9PXp-jzcKc5PE3mLsspIg\">Chapter-4-Review<\/a>\u2013 Due <strong>Tomorrow for Summative points<\/strong><\/p>\n<p>V.\u00a0 Tomorrow<strong> Chapter 4 Exam \u2013 2 Parts<\/strong><\/p>\n<ul>\n<li><strong>Constructive response<\/strong><\/li>\n<li><strong>Selective Response<\/strong><\/li>\n<\/ul>\n<p><strong> V.\u00a0 Chapter 4 Test:<\/strong><\/p>\n<p>A.\u00a0 <strong>What to study:<\/strong><\/p>\n<ol>\n<li><a href=\"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2014\/10\/Change-in-Quantity-Demand-Change-in-Demand-1.pdf\" data-saferedirecturl=\"https:\/\/www.google.com\/url?hl=en&amp;q=https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2014\/10\/Change-in-Quantity-Demand-Change-in-Demand-1.pdf&amp;source=gmail&amp;ust=1494587580210000&amp;usg=AFQjCNFpVgLf3axkueLjDAJwObJtJNwN1Q\">Change in Quantity Demand &amp; Change in Demand-1<\/a><\/li>\n<li><a href=\"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2014\/10\/Brace-Map-Change-in-Quantity-Demand-1.pdf\" data-saferedirecturl=\"https:\/\/www.google.com\/url?hl=en&amp;q=https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2014\/10\/Brace-Map-Change-in-Quantity-Demand-1.pdf&amp;source=gmail&amp;ust=1494587580211000&amp;usg=AFQjCNHtMN33Ld5Nc2KVVmCk3_JKui8ZNw\">Brace Map Change in Quantity Demand<\/a><\/li>\n<li><a href=\"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2014\/10\/Determinants-of-Demand.pdf\" data-saferedirecturl=\"https:\/\/www.google.com\/url?hl=en&amp;q=https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2014\/10\/Determinants-of-Demand.pdf&amp;source=gmail&amp;ust=1494587580211000&amp;usg=AFQjCNFpo1FbpbZko3NLIiYfho1vknzEKQ\">Determinants of Demand<\/a><\/li>\n<li>Your iLearn Quiz<\/li>\n<li>Demand Schedule &amp; Demand Curve \u2013 <a href=\"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2013\/10\/Figure-4.1.png\" data-saferedirecturl=\"https:\/\/www.google.com\/url?hl=en&amp;q=https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2013\/10\/Figure-4.1.png&amp;source=gmail&amp;ust=1494587580211000&amp;usg=AFQjCNFtRWOvue0IOR_0JgGlaafP8_x7lA\">Figure 4.1<\/a> (Notebook)<\/li>\n<li>Elasticity Test<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>I.\u00a0 Bellwork: A.\u00a0 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 [&hellip;]<\/p>\n","protected":false},"author":176,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[83],"tags":[],"class_list":["post-14044","post","type-post","status-publish","format-standard","hentry","category-economics-w2017"],"_links":{"self":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/14044","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=14044"}],"version-history":[{"count":0,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/14044\/revisions"}],"wp:attachment":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/media?parent=14044"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/categories?post=14044"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/tags?post=14044"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}