{"id":17840,"date":"2019-10-22T21:39:47","date_gmt":"2019-10-23T01:39:47","guid":{"rendered":"https:\/\/iblog.dearbornschools.org\/farhoud\/?p=17840"},"modified":"2019-10-23T21:18:44","modified_gmt":"2019-10-24T01:18:44","slug":"ap-economics-10-23-19","status":"publish","type":"post","link":"https:\/\/iblog.dearbornschools.org\/farhoud\/2019\/10\/22\/ap-economics-10-23-19\/","title":{"rendered":"AP Economics &#8211; 10\/23\/19"},"content":{"rendered":"\n<p><strong>I.&nbsp; Bellwork<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Page 538 Free Response #2 a-d (show your work)<\/li><\/ul>\n\n\n\n<p><strong>II.&nbsp; Objectives<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Perform Marginal Analysis<\/li><li>Determine the profit maximizing level of output using the optimal output rule<\/li><li>Analyze, interpret and construct economic models to solve problems and make decisions<\/li><\/ul>\n\n\n\n<p>III.&nbsp;&nbsp;<strong>Discussion: &nbsp;Profit Maximization pgs. 539-542<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Total Revenue = P x Q<\/li><li>Profit = TR \u2013 TC<\/li><li>Marginal Revenue = Chg in Total Revenue\/Chg Quantity<\/li><li>Marginal Cost= Chg in Total Cost \/Chg Quantity<\/li><li>Profit Maximizing Quantity of Output &nbsp;occurs when MC = MR<\/li><\/ul>\n\n\n\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=BQvtnjWZ0ig\">Maximizing Profit Practice- Micro Topic 3.5<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=0x4f2e5m1Jw\">Maximizing Profit Under Competition<\/a><\/p>\n\n\n\n<p>2006 FR #2 on iLearn<\/p>\n\n\n\n<p><strong>IV.&nbsp; Classwork<\/strong><\/p>\n\n\n\n<p> <a href=\"https:\/\/www.youtube.com\/watch?v=ODQ5kJa-pVM.\">Micro Unit 3, Que<\/a>s<a href=\"https:\/\/www.youtube.com\/watch?v=ODQ5kJa-pVM.\">tion 9 \u2013 Maximizing Profit<\/a><\/p>\n\n\n\n<p><a class=\"\" href=\"https:\/\/moodle.dearbornschools.org\/mod\/resource\/view.php?id=196091\">53.1 WorksheetFile<\/a> on iLearn<a href=\"https:\/\/moodle.dearbornschools.org\/course\/view.php?id=2814#\"><\/a><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Page 543 Check Your Understanding 1-2<\/li><li>Page 544 Free Response #2<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>I.&nbsp; Bellwork Page 538 Free Response #2 a-d (show your work) II.&nbsp; Objectives Perform Marginal Analysis Determine the profit maximizing level of output using the optimal output rule Analyze, interpret and construct economic models to solve problems and make decisions III.&nbsp;&nbsp;Discussion: &nbsp;Profit Maximization pgs. 539-542 Total Revenue = P x Q Profit = TR \u2013 [&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-17840","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\/17840","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=17840"}],"version-history":[{"count":2,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/17840\/revisions"}],"predecessor-version":[{"id":17853,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/17840\/revisions\/17853"}],"wp:attachment":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/media?parent=17840"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/categories?post=17840"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/tags?post=17840"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}