{"id":14110,"date":"2017-05-22T21:46:46","date_gmt":"2017-05-23T01:46:46","guid":{"rendered":"http:\/\/iblog.dearbornschools.org\/farhoud\/?p=14110"},"modified":"2017-05-22T21:46:46","modified_gmt":"2017-05-23T01:46:46","slug":"economics-52317","status":"publish","type":"post","link":"https:\/\/iblog.dearbornschools.org\/farhoud\/2017\/05\/22\/economics-52317\/","title":{"rendered":"Economics &#8211; 5\/23\/17"},"content":{"rendered":"<p><strong> I.\u00a0 Bellwork <\/strong><\/p>\n<p>A\u00a0Copy the table and complete the Marginal Product &amp; Stage of Production Columns (No graph \u2013 just the table)<\/p>\n<table width=\"520\">\n<tbody>\n<tr>\n<td>\n<p><strong>Number <\/strong><\/p>\n<p><strong>of Workers<\/strong><\/td>\n<td>\n<p><strong>Total<\/strong><\/p>\n<p><strong>\u00a0Product<\/strong><\/td>\n<td>\n<p><strong>Marginal <\/strong><\/p>\n<p><strong>Product<\/strong><\/td>\n<td>\n<p><strong>Stage of<\/strong><\/p>\n<p><strong>\u00a0Production<\/strong><\/td>\n<\/tr>\n<tr>\n<td>0<\/td>\n<td>0<\/td>\n<td><\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td>1<\/td>\n<td>4<\/td>\n<td><\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td>2<\/td>\n<td>12<\/td>\n<td><\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td>3<\/td>\n<td>22<\/td>\n<td><\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td>4<\/td>\n<td>34<\/td>\n<td><\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td>5<\/td>\n<td>38<\/td>\n<td><\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td>6<\/td>\n<td>40<\/td>\n<td><\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td>7<\/td>\n<td>36<\/td>\n<td><\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td>8<\/td>\n<td>30<\/td>\n<td><\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>II.\u00a0 Objective<\/strong><\/p>\n<ul>\n<li>Complete a production schedule and graph a production function determining marginal product and identifying the various stages of production<\/li>\n<li><strong>Calculate production schedules and examine how businesses analyze their costs and revenues to maximize profits.<\/strong><\/li>\n<li><strong>Interpret and analyze financial information using\u00a0 \u00a0marginal analysis in order to address production questions\/ problems.<\/strong><\/li>\n<\/ul>\n<p><strong>III. <\/strong>\u00a0 <strong>Notebook work and discussion:\u00a0 <\/strong><\/p>\n<ul>\n<li>Video:\u00a0 <a href=\"https:\/\/www.youtube.com\/watch?v=HdMCknz01dc\">Variable Costs<\/a><\/li>\n<li>Construct a Brace Map \u2013 Costs \u2013 \u2013\u2013 <a href=\"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2016\/05\/Fixed-and-Variable.docx\">Fixed and Variable<\/a> \u2013 with examples<\/li>\n<\/ul>\n<ul>\n<li><a href=\"https:\/\/youtu.be\/VMLgVQq1TPk\"><strong>How Nintendo loses money on every Wii U<\/strong><\/a><\/li>\n<\/ul>\n<p><strong> IV.\u00a0 Classwork<\/strong><\/p>\n<ul>\n<li><a href=\"https:\/\/www.flashcardmachine.com\/3109613\/6la6\"><strong>Chapter 5 FlashCards<\/strong><\/a><\/li>\n<li><a href=\"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2013\/04\/Production-Schedules-5-2-5-3-Activities.xls\"><strong>Production-Schedules-5-2 5-3 Activities<\/strong><\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>I.\u00a0 Bellwork A\u00a0Copy the table and complete the Marginal Product &amp; Stage of Production Columns (No graph \u2013 just the table) Number of Workers Total \u00a0Product Marginal Product Stage of \u00a0Production 0 0 1 4 2 12 3 22 4 34 5 38 6 40 7 36 8 30 II.\u00a0 Objective Complete a production schedule [&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-14110","post","type-post","status-publish","format-standard","hentry","category-economics-w2017"],"_links":{"self":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/14110","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=14110"}],"version-history":[{"count":0,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/14110\/revisions"}],"wp:attachment":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/media?parent=14110"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/categories?post=14110"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/tags?post=14110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}