{"id":17731,"date":"2019-10-09T22:14:15","date_gmt":"2019-10-10T02:14:15","guid":{"rendered":"https:\/\/iblog.dearbornschools.org\/farhoud\/?p=17731"},"modified":"2019-10-09T22:14:18","modified_gmt":"2019-10-10T02:14:18","slug":"economics-10-10-19","status":"publish","type":"post","link":"https:\/\/iblog.dearbornschools.org\/farhoud\/2019\/10\/09\/economics-10-10-19\/","title":{"rendered":"Economics &#8211; 10\/10\/19"},"content":{"rendered":"\n<p><strong>I.  Bellwork<\/strong><\/p>\n\n\n\n<p>Berry Mart sold Takis for .50 and the quantity sold was 40 bags.&nbsp; BerryMart  raised the price to .55 and sold 35 bags.&nbsp;<\/p>\n\n\n\n<p>A.&nbsp; Using the total revenue test determine elasticity.&nbsp; (SHOW YOUR WORK)<\/p>\n\n\n\n<p>B.&nbsp; Using the <strong>price elasticity of demand formula<\/strong><strong> <\/strong>determine elasticity. (SHOW YOUR WORK)<\/p>\n\n\n\n<p><strong>II.  Objectives<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Apply tests to determine elasticity based upon information provided<\/li><li>Review concepts and principles relating to demand, quantity demand, and elasticity of demand to address questions<\/li><\/ul>\n\n\n\n<p><strong>III.\u00a0 Classwork &#8211; Turn in Today &#8211; No excuses<\/strong><\/p>\n\n\n\n<p>A.  Page 112 <strong>Questions &amp; Answers<\/strong> 17-24\u00a0<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Do not write the question for #21<\/li><li>When a question asks you to describe, you need to describe.<br><\/li><\/ul>\n\n\n\n<p><strong>IV.\u00a0 Chapter 4 Test on Monday &#8211; No notes<br><\/strong><\/p>\n\n\n\n<p><strong>V.\u00a0 Things to Review:<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.flashcardmachine.com\/machine\/?read_only=3090302&amp;p=2m4k\">A.&nbsp; Demand Curve Flash Cards<\/a><\/p>\n\n\n\n<p>B.&nbsp; Your iLearn Quizzes&nbsp; (I will open them from you to review on Friday)<\/p>\n\n\n\n<p>C:&nbsp; Kahoot Review<\/p>\n\n\n\n<p>D.&nbsp; Your Notes:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2014\/10\/Change-in-Quantity-Demand-Change-in-Demand-1.pdf\">Change in Quantity Demand &amp; Change in Demand-1<\/a><\/li><li><a href=\"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2014\/10\/Brace-Map-Change-in-Quantity-Demand-1.pdf\">Brace Map Change in Quantity Demand<\/a><\/li><li><a href=\"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2014\/10\/Determinants-of-Demand.pdf\">Determinants of Demand<\/a><\/li><li>Demand Schedule &amp; Demand Curve \u2013 <a href=\"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2013\/10\/Figure-4.1.png\">Figure 4.1<\/a> (Notebook)<\/li><li>Elasticity Tests<\/li><\/ul>\n\n\n\n<p>IV.&nbsp; <a href=\"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2013\/03\/Chapter-4-Review1.pdf\">&nbsp;Chapter-4-Review<\/a>\u2013 Extra credit due Monday (must be complete)<br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I. Bellwork Berry Mart sold Takis for .50 and the quantity sold was 40 bags.&nbsp; BerryMart raised the price to .55 and sold 35 bags.&nbsp; A.&nbsp; Using the total revenue test determine elasticity.&nbsp; (SHOW YOUR WORK) B.&nbsp; Using the price elasticity of demand formula determine elasticity. (SHOW YOUR WORK) II. Objectives Apply tests to determine [&hellip;]<\/p>\n","protected":false},"author":176,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[94],"tags":[],"class_list":["post-17731","post","type-post","status-publish","format-standard","hentry","category-economics-f2019"],"_links":{"self":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/17731","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=17731"}],"version-history":[{"count":1,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/17731\/revisions"}],"predecessor-version":[{"id":17734,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/17731\/revisions\/17734"}],"wp:attachment":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/media?parent=17731"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/categories?post=17731"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/tags?post=17731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}