{"id":16254,"date":"2018-10-21T22:41:26","date_gmt":"2018-10-22T02:41:26","guid":{"rendered":"http:\/\/iblog.dearbornschools.org\/farhoud\/?p=16254"},"modified":"2018-10-22T08:39:41","modified_gmt":"2018-10-22T12:39:41","slug":"ap-economics-10-22-18","status":"publish","type":"post","link":"https:\/\/iblog.dearbornschools.org\/farhoud\/2018\/10\/21\/ap-economics-10-22-18\/","title":{"rendered":"AP Economics &#8211; 10\/22\/18"},"content":{"rendered":"<p><strong>I.\u00a0 Bellwork<\/strong><\/p>\n<ul>\n<li>Page 550 Tackle the Test 1-5 (write out answers)<\/li>\n<\/ul>\n<p><strong>II. Objectives<\/strong><\/p>\n<ul>\n<li>Describe the various types of cost a firm faces: variable, fixed, and total costs<\/li>\n<li>Explain how a firm\u2019s costs generate marginal cost curves and average cost curves<\/li>\n<li>Interpret and explain graphic models representing costs<\/li>\n<\/ul>\n<p>III.\u00a0 <b>Discussion: \u00a0Firm Cost Module 55 &#8211; pgs 552-562<\/b><\/p>\n<p>A. <a href=\"https:\/\/youtu.be\/VMLgVQq1TPk\"><b>How Nintendo loses money on every Wii U<\/b><\/a><\/p>\n<p>B.\u00a0 Concepts<\/p>\n<ul>\n<li>TC = FC + VC<\/li>\n<li>MC = Chg TC \/ ChgQ<\/li>\n<li>ATC = TotalCost \/ Quantity of Output<\/li>\n<li>AFC = Fixed Cost .\/ Quantity of Output<\/li>\n<li>AVC = Variable Cost \/ Quantity of Output<\/li>\n<li>Spreading Effect-p. 558<\/li>\n<li>Diminishing Returns Effect-p. 558<\/li>\n<\/ul>\n<p>C.\u00a0 Videos:<\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n<h1><b><a href=\"https:\/\/www.youtube.com\/watch?v=ucJBO9UTmwo\">Costs of Production- Microeconomics 3.3 (Part 1)<\/a><\/b><\/h1>\n<\/li>\n<\/ul>\n<ul>\n<li>\n<h1><a href=\"https:\/\/www.youtube.com\/watch?v=qYKJdooEnwU\">Cost Curves- Microeconomics 3.3 (Part 2)<\/a><\/h1>\n<\/li>\n<\/ul>\n<ul>\n<li>\n<h1><a href=\"https:\/\/www.youtube.com\/watch?v=C3m9FC3T3vw\">Marginal Cost and Average Total Cost- Micro 3.4<\/a><\/h1>\n<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><strong>IV. Classork<\/strong><\/p>\n<p style=\"padding-left: 30px;\">3.2 Cost of Production Practice<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I.\u00a0 Bellwork Page 550 Tackle the Test 1-5 (write out answers) II. Objectives Describe the various types of cost a firm faces: variable, fixed, and total costs Explain how a firm\u2019s costs generate marginal cost curves and average cost curves Interpret and explain graphic models representing costs III.\u00a0 Discussion: \u00a0Firm Cost Module 55 &#8211; pgs [&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-16254","post","type-post","status-publish","format-standard","hentry","category-ap-economics"],"_links":{"self":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/16254","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=16254"}],"version-history":[{"count":0,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/16254\/revisions"}],"wp:attachment":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/media?parent=16254"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/categories?post=16254"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/tags?post=16254"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}