{"id":16095,"date":"2018-10-02T00:16:00","date_gmt":"2018-10-02T04:16:00","guid":{"rendered":"http:\/\/iblog.dearbornschools.org\/farhoud\/?p=16095"},"modified":"2018-10-02T00:16:15","modified_gmt":"2018-10-02T04:16:15","slug":"ap-economics-10-02-18","status":"publish","type":"post","link":"https:\/\/iblog.dearbornschools.org\/farhoud\/2018\/10\/02\/ap-economics-10-02-18\/","title":{"rendered":"AP Economics &#8211; 10\/02\/18"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">I.\u00a0 Bellwork<\/span><\/p>\n<p><a href=\"https:\/\/money.cnn.com\/2016\/12\/09\/pf\/price-scheme-jcpenney-kohls-sears-macys\/index.html\"><span style=\"font-weight: 400;\">Article: \u00a0How do retailers use elasticity to increase sales?<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Questions &amp; Answers<\/span><\/p>\n<ol>\n<li><span style=\"font-weight: 400;\">Do fake discounts increase quantity demanded like actual price decreases?<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Should such fake sales be legal?<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">II.\u00a0 Objectives<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Interpret and construct graphs demonstrating elastic and inelastic demand explaining their differences<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Determine the various type of elasticities and their formuals<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Calculate and describe the relationship between elasticity and total revenues<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Identify the factors that determine price elasticity<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">III.\u00a0 Interpreting Price Elasticity of Demand \u00a0Pages 467-474<\/span><\/p>\n<p>A.\u00a0\u00a0<a href=\"https:\/\/www.youtube.com\/watch?v=HHcblIxiAAk\">Elasticity and the Total Revenue Test- Micro 2.9<\/a><\/p>\n<p><b>B.\u00a0 Notebook WorK<\/b><\/p>\n<p><b>1\u00a0 468 Copy Figure 47.1 &#8211; Explain what each graph means.<\/b><\/p>\n<p><b>2\u00a0 Formula for perfect elasticity, perfect inelasticity, elastic, inelastic, unit elastic<\/b><\/p>\n<p><strong>3.\u00a0 Draw and label:<\/strong><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">An inelastic demand curve<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">An elastic demand curve<\/span><\/li>\n<\/ul>\n<p><strong>D.\u00a0 Total Revenue\/Expenditure Test ..<\/strong><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Price Effect\\<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Quantity Effect<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">E. Factors Determining Price Elasticity (4)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">IV.\u00a0 Exit Assignment Review on Page 475<\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I.\u00a0 Bellwork Article: \u00a0How do retailers use elasticity to increase sales? Questions &amp; Answers Do fake discounts increase quantity demanded like actual price decreases? Should such fake sales be legal? II.\u00a0 Objectives Interpret and construct graphs demonstrating elastic and inelastic demand explaining their differences Determine the various type of elasticities and their formuals Calculate and [&hellip;]<\/p>\n","protected":false},"author":176,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[89],"tags":[],"class_list":["post-16095","post","type-post","status-publish","format-standard","hentry","category-ap-economics"],"_links":{"self":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/16095","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=16095"}],"version-history":[{"count":0,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/16095\/revisions"}],"wp:attachment":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/media?parent=16095"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/categories?post=16095"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/tags?post=16095"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}