{"id":17776,"date":"2019-10-15T23:16:49","date_gmt":"2019-10-16T03:16:49","guid":{"rendered":"https:\/\/iblog.dearbornschools.org\/farhoud\/?p=17776"},"modified":"2019-10-15T23:17:15","modified_gmt":"2019-10-16T03:17:15","slug":"ap-economics-10-16-19","status":"publish","type":"post","link":"https:\/\/iblog.dearbornschools.org\/farhoud\/2019\/10\/15\/ap-economics-10-16-19\/","title":{"rendered":"AP Economics &#8211; 10\/16\/19"},"content":{"rendered":"\n<p>I.&nbsp; Bellwork<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Page 551 Free Response #2<\/li><\/ul>\n\n\n\n<p>II. Objectives<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Describe the various types of cost a firm faces: variable, fixed, and total costs<\/li><li>Explain how a firm\u2019s costs generate marginal cost curves and average cost curves<\/li><li>Interpret and explain graphic models representing costs<\/li><\/ul>\n\n\n\n<p>III.&nbsp; Discussion:&nbsp; Firm Cost Module 55 \u2013 pgs 552-562<\/p>\n\n\n\n<p>A.<a href=\"https:\/\/youtu.be\/VMLgVQq1TPk\"> How Nintendo loses money on every Wii U<\/a><\/p>\n\n\n\n<p>B.&nbsp; Concepts<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>TC = FC + VC<\/li><li>MC = Chg TC \/ ChgQ<\/li><li>ATC = TotalCost \/ Quantity of Output<\/li><li>AFC = Fixed Cost .\/ Quantity of Output<\/li><li>AVC = Variable Cost \/ Quantity of Output<\/li><li>Spreading Effect-p. 558<\/li><li>Diminishing Returns Effect-p. 558<\/li><\/ul>\n\n\n\n<p>C.&nbsp; Videos:<\/p>\n\n\n\n<ol class=\"wp-block-list\"><li><a href=\"https:\/\/www.youtube.com\/watch?v=ucJBO9UTmwo\">Costs of Production- Microeconomics 3.3 (Part 1)<br><br><\/a><\/li><li><a href=\"https:\/\/www.youtube.com\/watch?v=qYKJdooEnwU\">Cost Curves- Microeconomics 3.3 (Part 2)<\/a><\/li><li><a href=\"https:\/\/www.youtube.com\/watch?v=C3m9FC3T3vw\">Short-Run Cost Curves (Part 3)- Micro Topic 3.2<\/a><\/li><\/ol>\n\n\n\n<p>IV. Classork<\/p>\n\n\n\n<p>3.2 Cost of Production Practice<br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I.&nbsp; Bellwork Page 551 Free Response #2 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.&nbsp; Discussion:&nbsp; Firm Cost Module 55 \u2013 pgs 552-562 A. How Nintendo [&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-17776","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\/17776","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=17776"}],"version-history":[{"count":1,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/17776\/revisions"}],"predecessor-version":[{"id":17777,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/17776\/revisions\/17777"}],"wp:attachment":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/media?parent=17776"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/categories?post=17776"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/tags?post=17776"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}