{"id":16384,"date":"2018-11-07T21:53:50","date_gmt":"2018-11-08T02:53:50","guid":{"rendered":"http:\/\/iblog.dearbornschools.org\/farhoud\/?p=16384"},"modified":"2018-11-07T21:54:24","modified_gmt":"2018-11-08T02:54:24","slug":"economics-11-08-18","status":"publish","type":"post","link":"https:\/\/iblog.dearbornschools.org\/farhoud\/2018\/11\/07\/economics-11-08-18\/","title":{"rendered":"Economics &#8211; 11\/08\/18"},"content":{"rendered":"<p><strong>I.\u00a0 \u00a0\u00a0Bellwork (Discuss the cases with your fellow students and write a complete response.<\/strong><\/p>\n<p>A.) Your store is constantly selling out of a certain cologne.<\/p>\n<ul>\n<li>Explain what can you conclude about the cologne\u2019s current price in regards to equilibrium?<\/li>\n<li>Explain what should you do?<\/li>\n<\/ul>\n<p>B.) The cost of attending college is becoming increasingly expensive and more difficult for many students to afford.<\/p>\n<ul>\n<li>Explain the positive outcomes that would occur if the government put a cap or limit on college tuition?<\/li>\n<li>Explain what negative consequences may occur?<\/li>\n<\/ul>\n<p><strong>II \u00a0Objective<\/strong><\/p>\n<ul>\n<li>Evaluate various explanations for actions or events and determine which explanation best accords with textual evidence.<\/li>\n<li>Analyze the impact of a change in public policy (price ceilings and price floors) on consumers, producers, workers, savers, and investors.<\/li>\n<\/ul>\n<p><strong>III. Discussion \u2013 Pgs. 156-161 Social Goals &amp; Market Efficiency<\/strong><\/p>\n<ul>\n<li><a href=\"https:\/\/www.youtube.com\/watch?v=1EzY4Vl460U\">Price Ceilings and Floors- Economics 2.5<\/a><\/li>\n<li><a href=\"https:\/\/www.youtube.com\/watch?v=XgBPAucs-W4&amp;feature=related\">Price Ceilings and Price Floors<\/a><\/li>\n<li><a href=\"https:\/\/youtu.be\/R0h8kfA4i_A\">Price Ceiling \u2014 Rent Control Example from John Stossel<\/a><\/li>\n<\/ul>\n<p><strong>IV. \u00a0\u00a0Price Controls Bridge Map \u2013 Price Floor &amp; Price Ceiling<\/strong><\/p>\n<p><strong>V. \u00a0\u00a0iLearn Quiz ends today @ 11:55 pm<\/strong><\/p>\n<p><strong>VI.\u00a0 Equilibrium graph quiz<\/strong><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I.\u00a0 \u00a0\u00a0Bellwork (Discuss the cases with your fellow students and write a complete response. A.) Your store is constantly selling out of a certain cologne. Explain what can you conclude about the cologne\u2019s current price in regards to equilibrium? Explain what should you do? B.) The cost of attending college is becoming increasingly expensive 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":[90],"tags":[],"class_list":["post-16384","post","type-post","status-publish","format-standard","hentry","category-economics-f2018"],"_links":{"self":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/16384","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=16384"}],"version-history":[{"count":0,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/16384\/revisions"}],"wp:attachment":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/media?parent=16384"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/categories?post=16384"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/tags?post=16384"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}