{"id":16301,"date":"2018-10-26T00:16:48","date_gmt":"2018-10-26T04:16:48","guid":{"rendered":"http:\/\/iblog.dearbornschools.org\/farhoud\/?p=16301"},"modified":"2018-10-28T03:03:54","modified_gmt":"2018-10-28T07:03:54","slug":"economics-10-27-18","status":"publish","type":"post","link":"https:\/\/iblog.dearbornschools.org\/farhoud\/2018\/10\/26\/economics-10-27-18\/","title":{"rendered":"Economics &#8211; 10\/26\/18"},"content":{"rendered":"<p><strong>I.\u00a0 Objectives: Q&amp;A<\/strong><\/p>\n<p style=\"padding-left: 30px;\">A. Provide an example of 3 fixed costs a business may have.<\/p>\n<p style=\"padding-left: 30px;\">B. Provide an example of 3 variable costs a business may have.<\/p>\n<p><span style=\"font-weight: 400;\">II\u00a0<\/span><b>Objectives<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Construct and analyze the production function and other decision making models which are used to make business decisions.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Determine the meaning and functions of words and phrases used to make economic decisions<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Create a hypothetical business and differentiate between variable and fixed costs incurred in the operation of the business.<\/span><\/li>\n<\/ul>\n<p><strong>II.\u00a0<\/strong><b>Discussion<\/b><\/p>\n<ul>\n<li>Break -Even Point<\/li>\n<li>Profit Maximization<\/li>\n<\/ul>\n<p>III.\u00a0\u00a0Classwork<\/p>\n<ul>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2015\/11\/Production-Schedules-5-2-5-3-Activities-1.xls\"><span style=\"font-weight: 400;\">Production-Schedules-5-2-5-3-Activities-1<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2013\/04\/Production-Schedules-5-2-5-3-Activities.xls\"><b>Production-Schedules-5-2 5-3 Activities<\/b><\/a><b> (Part 2)<\/b><\/li>\n<\/ul>\n<p>IV.\u00a0 Homework:\u00a0\u00a0<a href=\"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2014\/10\/Variable-and-Fixed-Cost.pdf\"><b>Variable and Fixed Cost Business \u00a0<\/b><\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I.\u00a0 Objectives: Q&amp;A A. Provide an example of 3 fixed costs a business may have. B. Provide an example of 3 variable costs a business may have. II\u00a0Objectives Construct and analyze the production function and other decision making models which are used to make business decisions. Determine the meaning and functions of words and phrases [&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-16301","post","type-post","status-publish","format-standard","hentry","category-economic-f2016"],"_links":{"self":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/16301","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=16301"}],"version-history":[{"count":0,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/16301\/revisions"}],"wp:attachment":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/media?parent=16301"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/categories?post=16301"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/tags?post=16301"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}