{"id":17614,"date":"2019-09-25T22:58:58","date_gmt":"2019-09-26T02:58:58","guid":{"rendered":"https:\/\/iblog.dearbornschools.org\/farhoud\/?p=17614"},"modified":"2019-09-25T22:59:03","modified_gmt":"2019-09-26T02:59:03","slug":"ap-economics-9-25-19-2","status":"publish","type":"post","link":"https:\/\/iblog.dearbornschools.org\/farhoud\/2019\/09\/25\/ap-economics-9-25-19-2\/","title":{"rendered":"AP Economics &#8211; 9\/25\/19"},"content":{"rendered":"\n<p>I.&nbsp; Bellwork<\/p>\n\n\n\n<p><a href=\"https:\/\/money.cnn.com\/2016\/12\/09\/pf\/price-scheme-jcpenney-kohls-sears-macys\/index.html\">Article:&nbsp; How do retailers use elasticity to increase sales?<\/a><\/p>\n\n\n\n<p>Questions &amp; Answers<\/p>\n\n\n\n<ol class=\"wp-block-list\"><li>Do fake discounts increase quantity demanded like actual price decreases?<\/li><li>Should such fake sales be illegal?<\/li><\/ol>\n\n\n\n<p>II.&nbsp; Objectives<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Interpret and construct graphs demonstrating elastic and inelastic demand explaining their differences<\/li><li>Determine the various type of elasticities and their formuals<\/li><li>Calculate and describe the relationship between elasticity and total revenues<\/li><li>Identify the factors that determine price elasticity<\/li><\/ul>\n\n\n\n<p>III.&nbsp; Interpreting Price Elasticity of Demand&nbsp; Pages 467-474<\/p>\n\n\n\n<p>A.&nbsp; <a href=\"https:\/\/www.youtube.com\/watch?v=HHcblIxiAAk\">Elasticity and the Total Revenue Test- Micro 2.9<\/a><\/p>\n\n\n\n<p>B.&nbsp; Notebook WorK<\/p>\n\n\n\n<p>1&nbsp; 468 Copy Figure 47.1 \u2013 Explain what each graph means.<\/p>\n\n\n\n<p>2&nbsp; Formula for perfect elasticity, perfect inelasticity, elastic, inelastic, unit elastic<\/p>\n\n\n\n<p>3.&nbsp; Draw and label:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>An inelastic demand curve<\/li><li>An elastic demand curve<\/li><\/ul>\n\n\n\n<p>D.&nbsp; Total Revenue\/Expenditure Test ..<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Price Effect\\<\/li><li>Quantity Effect<\/li><\/ul>\n\n\n\n<p>E. Factors Determining Price Elasticity (4)<\/p>\n\n\n\n<p>IV.&nbsp; Exit Assignment Review on Page 475<br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I.&nbsp; Bellwork Article:&nbsp; How 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 illegal? II.&nbsp; 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":[95],"tags":[],"class_list":["post-17614","post","type-post","status-publish","format-standard","hentry","category-ap-micro-economics-f2019"],"_links":{"self":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/17614","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=17614"}],"version-history":[{"count":1,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/17614\/revisions"}],"predecessor-version":[{"id":17615,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/17614\/revisions\/17615"}],"wp:attachment":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/media?parent=17614"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/categories?post=17614"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/tags?post=17614"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}