{"id":17941,"date":"2019-11-05T19:01:01","date_gmt":"2019-11-06T00:01:01","guid":{"rendered":"https:\/\/iblog.dearbornschools.org\/farhoud\/?p=17941"},"modified":"2019-11-05T19:42:35","modified_gmt":"2019-11-06T00:42:35","slug":"economics-11-06-19","status":"publish","type":"post","link":"https:\/\/iblog.dearbornschools.org\/farhoud\/2019\/11\/05\/economics-11-06-19\/","title":{"rendered":"Economics &#8211; 11\/06\/19"},"content":{"rendered":"\n<p>I.  Bellwork<\/p>\n\n\n\n<p>If the quantity supply and quantity demand for squash is at equilibrium, then a drought occurs&nbsp; damaging the squash crop:<\/p>\n\n\n\n<p>Question &amp; Answer<\/p>\n\n\n\n<ol class=\"wp-block-list\"><li>What will happen to supply?<\/li><li>What will happen to the price of squash?<\/li><li>What will happen to the quantity of squash?<\/li><\/ol>\n\n\n\n<p>II&nbsp; Objective<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Analyze how prices change through the interaction of buyers and sellers in a market including the role of supply, demand, equilibrium, surpluses, and shortages.<\/li><li>Integrate and evaluate information presented in order to determine the impact on equilibrium price and quantity<\/li><\/ul>\n\n\n\n<p>III.  Discussion<\/p>\n\n\n\n<p>A.&nbsp; Shifting&nbsp; Demand and Supply<\/p>\n\n\n\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=V0tIOqU7m-c\">Shifting Demand and Supply- Macro Topic 1.6 (Micro Topic 2.7)<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=K0AQ9rK8MN4\">Double Shifts- Supply and Demand<\/a><\/p>\n\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh4.googleusercontent.com\/dlQsH6IKDLyl-iKNjMKVyh2WxrzN17CSjbEUPR_Yj75BiDfrjddfBYU_xjaNeVrbUjMLNCGjTl6VyOAKaldk1p2kurb0aWMUTP2byn9N-RkoKcj7bexZJmvxsgmVSfktnVgiD81w\" alt=\"BW 1-24-11\"\/><\/figure>\n\n\n\n<p>From a starting point of D &amp; S<\/p>\n\n\n\n<ol class=\"wp-block-list\"><li>What is the current equilibrium price? Where S &amp; D intersect.<\/li><li>What is the new price if demand remains constant and supply increases to S2?<\/li><li>What would be the new price if demand decreases to D1 and Supply increases to S2?<\/li><li>What would be the price if demand remains constant D and Supply increases to S1?<\/li><li>What could cause an increase in the supply of gold?<\/li><\/ol>\n\n\n\n<p>IV.  Classwork:<\/p>\n\n\n\n<div class=\"wp-block-file\"><a href=\"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2019\/11\/equilibrium_worksheet_1.doc\">equilibrium_worksheet_1<\/a><a href=\"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2019\/11\/equilibrium_worksheet_1.doc\" class=\"wp-block-file__button\" download>Download<\/a><\/div>\n\n\n\n<div class=\"wp-block-file\"><a href=\"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2019\/11\/Supply-and-Demand-Review-Worksheet-1.doc\">Supply-and-Demand-Review-Worksheet-1<\/a><a href=\"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2019\/11\/Supply-and-Demand-Review-Worksheet-1.doc\" class=\"wp-block-file__button\" download>Download<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>I. Bellwork If the quantity supply and quantity demand for squash is at equilibrium, then a drought occurs&nbsp; damaging the squash crop: Question &amp; Answer What will happen to supply? What will happen to the price of squash? What will happen to the quantity of squash? II&nbsp; Objective Analyze how prices change through the interaction [&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-17941","post","type-post","status-publish","format-standard","hentry","category-economics-f2019"],"_links":{"self":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/17941","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=17941"}],"version-history":[{"count":2,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/17941\/revisions"}],"predecessor-version":[{"id":17947,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/17941\/revisions\/17947"}],"wp:attachment":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/media?parent=17941"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/categories?post=17941"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/tags?post=17941"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}